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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

430 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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[–] Thordros@hexbear.net 24 points 1 year ago (1 children)

I think it's pretty hilarious that you assume everybody opposed to capitalism is Russian, and use that as a counter-example for why "communism" is failing today.

Did history stop for you in 1991 or something? The neoliberals won; Russia has been a hyper-capitalist abomination living in the corpse of the USSR for over three decades now. Why would we care that Russia sucks? Everybody knows it sucks now.

[–] came_apart_at_Kmart@hexbear.net 22 points 1 year ago

"socialism is when you're in russia. the more russia you are in, the more socialism is what's wrong america #1 football hotdog toby keith." - the diabetic gym teacher who taught this guy's social studies class.