this post was submitted on 24 Aug 2023
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Economics

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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 [email protected] to c/[email protected]
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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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[โ€“] [email protected] 1 points 1 year ago (1 children)

Do you have any info about this? Is it a tax on the value of vacant units, or a tax on the possible rental income of a vacant unit? I would like to read more about it. Can't find much on Google.