740

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

411 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.

you are viewing a single comment's thread
view the rest of the comments

[-] ATQ@lemm.ee -3 points 1 year ago

They pay for it to be built. Unless you think the workers should work for free and not receive any benefit from their labor. Does hexbear know you feel this way? 🤣

[-] ghost_of_faso2@lemmygrad.ml 39 points 1 year ago

wait till you understand what 'tax' is

[-] ATQ@lemm.ee -2 points 1 year ago

Oh, so you just want the state to be your landlord? Enjoy your cinderblock gulag.

[-] Nicklybear@hexbear.net 31 points 1 year ago

As someone who has been homeless, I would MUCH rather live my entire life in a "cinderblock gulag" then spend even a second homeless. So, yes, if we ever were to get such buildings provided to us from the government, I would greatly enjoy them.

load more comments (40 replies)

load more comments (65 replies)

this post was submitted on 24 Aug 2023

740 points (88.5% liked)

Personal Finance

3766 readers

1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago

MODERATORS

WandererLagomorph799@lemmy.ml

nieceandtows@programming.dev

nieceandtows@lemmy.ml