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Krathik052023

Newbie
Aug 28, 2023
1
0
Hi Folks, I'm here on a closed work permit while I work with my employer. What I was wondering is if I am allowed to buy a car with the intention of renting it out in Rental car apps like Turo? Is it seen as employment or income that is permitted under the scope of my closed work permit?

1. Should I mention this income under CRA?
2. Should I share this info & taxable income, while filing PR application? Will it have any impact?
 
Hi Folks, I'm here on a closed work permit while I work with my employer. What I was wondering is if I am allowed to buy a car with the intention of renting it out in Rental car apps like Turo? Is it seen as employment or income that is permitted under the scope of my closed work permit?

1. Should I mention this income under CRA?
2. Should I share this info & taxable income, while filing PR application? Will it have any impact?

What if your car became total loss? Would you be compensated by the app?
 
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