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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
407 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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[-] bytor9@lemmy.ml 2 points 1 year ago

I'm glad to find this comment here. I was about to unsubscribe because I'm here for personal finance; not tax policy debate or politics.

Now if a policy like that did come out and the article helped to navigate or take advantage of it as an individual, then I would be interested.

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

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