2 ms·
For one thing, the tax burden wouldn't be equal to a months rent, and then multiplied by however many months the moratorium lasts. If you were renting out a hou
by cronix 5y ago
For one thing, the tax burden wouldn't be equal to a months rent, and then multiplied by however many months the moratorium lasts. If you were renting out a house for $1,500 a month, and not able to collect rent for over a year, that's over $18,000 including property taxes. That's quite a tax there, only on landlords. Many of whom not only rely on a small bit of income from them, but are also responsible for paying the mortgage. Likely the bulk of that $1,500 is going to a bank, not a landlords pocket. Not all landlords own the building outright. I doubt most do.