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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 2 years ago by Blaze@discuss.tchncs.de to c/personalfinance@lemmy.ml

417 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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[–] Blaze@discuss.tchncs.de 1 points 2 years ago

Feel free to react here or on !economics@lemmy.ml

[–] glasschewer@lemm.ee 1 points 2 years ago* (last edited 2 years ago)

Wow they don't????? Cool!!!!! i love incentivizing the use of housing as an asset to store money!!!! Fuck!!!!

[–] nomadjoanne@lemmy.world 1 points 2 years ago* (last edited 2 years ago) (16 children)

I think it should just be illegal to not rent out real estate. People shouldn't be allowed to just park money in housing.

[–] Aux@lemmy.world 0 points 2 years ago (1 children)

Sounds like a typical Nazi...

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