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This is a pretty reasonable thing to suspend at a time when landlords are essentially forgiving huge amounts of rent. It's super reasonable that they be able to
by darawk 7y ago
This is a pretty reasonable thing to suspend at a time when landlords are essentially forgiving huge amounts of rent. It's super reasonable that they be able to deduct those losses on their taxes in an unlimited fashion.
- frenchman99 7y agoOnly if they don't request to be paid back later for said rent. Otherwise, that's just giving rich people free money.
- wmf 7y agoPeople who can't pay rent now are unlikely to be able to ever pay it back later. It's probably better for everyone to just write it off.
- cultus 7y agoThat would probably be better, but isn't happening. I think these landlords should have planned ahead and had six months of emergency funds saved up, just like McDonald's employees are supposed to.
- verbify 7y agoDefinitely, that would be a better outcome. However the rent isn't being forgiven - it will possibly be sold to a collections agency, who would hound the renter to get something back from some of the renters.
- 6gvONxR4sf7o 7y agoIf they get it later, what's the loss they get to claim on their taxes?
- deleted 7y ago[deleted]
- jetrink 7y agoThen why not target it specifically towards landlords who have forgiven rent?
- cultus 7y agoWhere have you heard that landlords are forgiving rent? That's not the case at all. You still owe all of that rent. This kind of attitude is increasing bizarre in the current world.
- nordsieck 7y ago> Where have you heard that landlords are forgiving rent? I assume he's confusing it with evictions being put on hold. > You still owe all of that rent. Indeed.