Economics

1802 readers

1 users here now

founded 5 years ago

MODERATORS

377

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 [email protected] to c/[email protected]

119 comments fedilink hide all child comments

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

[–] [email protected] 7 points 1 year ago

You live in your house, it’s not a rental property. It would be very simple to have this law apply to properties 2+

permalink
fedilink
source
parent