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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
397 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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[-] Olgratin_Magmatoe@startrek.website 2 points 1 year ago

You getting exploited for free labor by your landlord grandparents only further proves my point that landlords don't actually do any work.

[-] Manmoth@lemmy.ml 1 points 1 year ago

They managed it as long as they could. Have you ever had a family before? You're supposed to help each other. It's what people have done for all of time.

[-] Olgratin_Magmatoe@startrek.website 1 points 1 year ago

You've missed my point.

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

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