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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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[–] 1 point 3 years ago (1 child)

I don't have a problem with either one of those things so pick your favorite.

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  • [+] 3 points 3 years ago* (last edited 3 years ago) (1 child)
    [deleted]
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  • [–] 1 point 3 years ago (2 children)

    You forget that for one to acquire said property one must first "exploit" one's self. What I do with the earnings from my exploitation is my business.

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  • [–] 4 points 3 years ago (1 child)

    pigpoop

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