this post was submitted on 24 Aug 2023
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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
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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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[–] BurgerPunk@hexbear.net 1 points 1 year ago* (last edited 1 year ago)

We know that housing can be decommodified and that everyone can have a home because socialist nations have already done that.

The concept has been thought through. Theres a nearly 200 year long intellectual tradition of thinking this through. You're just really into the idea of exploiting other people because you and people like you feel entitled to passive income.