Not only do taxes pass through to renters, very often they are substantially higher. In New York, for instance, there is a substantial school tax credit for hom

Not only do taxes pass through to renters, very often they are substantially higher. In New York, for instance, there is a substantial school tax credit for homeowners not available to rental properties. In addition, some cities have a homestead property tax rate that is substantially lower than the commercial tax rate applicable to rental properties.