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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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[-] krashmo@lemmy.world 1 points 1 year ago

It probably will end with some poor decisions being made but sometimes a bad decision is all you can get. Hopefully it will get more meaningful discussion going at least.

Speaking of which, I appreciate your point of view and your demeanor. Civil discourse seems pretty rare these days.

[-] BraveSirZaphod@kbin.social 1 points 1 year ago

Same here! It's not often you get a online discussion about economics or housing policy that's civil and productive.

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

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