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Landlords should have to pay income tax on their rental properties regardless of whether they're rented out or not. (gothamist.com)
submitted 1 year ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml
418 comments fedilink hide all child comments

cross-posted from: https://lemmy.crimedad.work/post/12162

Why? Because apparently they need some more incentive to keep units occupied. Also, even though a property might be vacant, there's still imputed rental income there. Its owner is just receiving it in the form of enjoying the unit for himself instead of receiving an actual rent check from a tenant. That imputed rent ought to be taxed like any other income.

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[-] barrbaric@hexbear.net 32 points 1 year ago

Whoa now, let's not be unreasonable. They can be taxed at a geometric rate, starting at 100% the value of the house and doubling for every one thereafter.

this post was submitted on 24 Aug 2023
740 points (88.5% liked)

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