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Think. Again.

(22,456 posts)

1. Maybe we should keep it simple...

Reply to moonshinegnomie (Original post)

Tue Jun 11, 2024, 01:33 PM

Jun 2024

If a house isn't the primary residence of the owner, it gets a federal tax on top of the standard local property tax.

This way, high-earners who can afford vacation homes can join the fun.

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MOMFUDSKI quaint kcoates Wonder Why Easterncedar obamanut2012 scipan

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Highlight:

a property tax proposal for corporate owned single family houses [View all] moonshinegnomie Jun 2024 OP

Maybe we should keep it simple... Think. Again. Jun 2024 #1

I like your idea better. Even individuals who have second homes in a state Wonder Why Jun 2024 #8

It's not always that simple. LisaM Jun 2024 #9

Only problem is the tax gets passed on to the renter. lastlib Jun 2024 #10

makes RENTING more expensive... Think. Again. Jun 2024 #15

I would expect they'd just raise the rent to compensate for the higher tax. flvegan Jun 2024 #2

That's one way Zeitghost Jun 2024 #3

i dont think it would moonshinegnomie Jun 2024 #5

Well, I think that this threat of corporate ownership (sure there might be individuals who incorporated to get SWBTATTReg Jun 2024 #4

I like it. WarGamer Jun 2024 #6

I think it'd have to be up to localities. jimfields33 Jun 2024 #7

i think a lot of places have a homeowner exemption. mopinko Jun 2024 #11

Complicated, but there are ways to structure it. dobleremolque Jun 2024 #12

Taxes aren't ForgedCrank Jun 2024 #13

They already own them moonshinegnomie Jun 2024 #14