this post was submitted on 24 Aug 2023
378 points (85.5% liked)

Economics

1998 readers
16 users here now

founded 5 years ago
MODERATORS
[email protected]
378
Landlords should have to pay income tax on their rental properties regardless of whether they're rented out or not. (gothamist.com)
submitted 2 years 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] 2 points 2 years ago

I doubt that. If a properly is salable and isn't rentable, a landlord will generally just sell it.