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The renter is not paying the property taxes. The landlord is. This feels like a slight of hand that leads to double counting.
by jonathankoren 4y ago
The renter is not paying the property taxes. The landlord is. This feels like a slight of hand that leads to double counting.
- azinman2 4y agoAnd what do you think rent price includes?
- revnode 4y agoThat's not how things work. When you file your taxes, your rental properties will be treated as a business and the taxes paid there are a business expense. They are deducted from any rental income before the income is counted for the landlord. It is essentially as if the renter is paying the government directly.
- abfan1127 4y agoI'm entirely sure that landlord is not taking a loss on those property taxes. It is passed onto the renter.