this post was submitted on 24 Aug 2023
736 points (88.4% liked)

Personal Finance

3817 readers
1 users here now

Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Join our community, read the PF Wiki, and get on top of your finances!

Note: This community is not region centric, so if you are posting anything specific to a certain region, kindly specify that in the title (something like [USA], [EU], [AUS] etc.)

founded 1 year ago
MODERATORS
[email protected]
[email protected]
[email protected]
736
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]
386 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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago (1 children)

Why are you asking questions a five year old could answer?

[–] [email protected] 44 points 1 year ago (1 children)

Because you don't seem to be connecting the points together. Lead a horse to water but can't force it to drink kinda situation.

Landlords didn't do anything but have capital. Workers built the damn thing.

That's the water I was talking about.

[–] [email protected] -1 points 1 year ago (1 children)

Exactly the answer I was expecting. People don't buy things, credit cards do.

[–] [email protected] 37 points 1 year ago (1 children)

smh at the products of the American school system

you're replying to someone who said landlords are unnecessary middlemen in the construction of housing. your mocking analogy is "people buying things with credit cards". do you not see how funny a self-own that is?

the landlords are the credit cards in your analogy. people bought things before credit cards existed. people built housing before landlords existed. landlords are as necessary to the building of housing as credit cards are to the buying of toilet paper.

tho I wouldn't be surprised if you thought Buttcoin was necessary for cleaning your shitty ass.

[–] [email protected] 1 points 1 year ago (1 children)

tho I wouldn’t be surprised if you thought Buttcoin was necessary for cleaning your shitty ass.

Nah, bitcoin did exactly what I thought it would do, just much faster than expected. It's funny how many people who think they hate capitalism love the petrodollar system.