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Ehhh, please tell me about the transaction that's involved in the annual property taxes I pay?
by NovemberWhiskey 5y ago
Ehhh, please tell me about the transaction that's involved in the annual property taxes I pay?
- JumpCrisscross 5y ago> please tell me about the transaction that's involved in the annual property taxes I pay? A house isn’t a person. Saying transactions, not people, are taxed doesn’t mean that only transactions are taxed.
- scatters 5y agoAside from the services provided by your municipality (which may or may not be paid for out of property taxes) there's the aspect of imputed rent; the notional benefit that you as a tenant receive from yourself as a landlord. Some places tax that explicitly, as it happens.