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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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[–] nomadjoanne@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (17 children)

I think it should just be illegal to not rent out real estate. People shouldn't be allowed to just park money in housing.

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[–] Blaze@discuss.tchncs.de 1 points 1 year ago

Feel free to react here or on !economics@lemmy.ml

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