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Land and property taxes are absolutely passed on to tenants. If the tax is higher than the rent that can be extracted, that just means you have improperly pric
by mrep 6y ago
Land and property taxes are absolutely passed on to tenants. If the tax is higher than the rent that can be extracted, that just means you have improperly priced the land/property. You can prove it by trying to sell the property at which point, no investor is going to buy the land for a price that won't be profitable so the price will fall decreasing the effective tax until it is profitable to rent it out when factoring in the taxes.