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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

421 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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[–] JasSmith@kbin.social 6 points 1 year ago (1 children)

People, collectively.

But they're free to do that right now and it doesn't happen. Not on the scale we require. Asking people to donate their time to build houses just isn't a scalable solution in modern society.

[–] archomrade@midwest.social 1 points 1 year ago

modern society.

You misspelled capitalist