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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 3 years ago by to c/personalfinance@lemmy.ml
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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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[–] 31 points 3 years 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.

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