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How would you enforce that with any effectiveness? If I'm a landlord I'll just get one of my distant relatives to transfer me $100 every month and show the unit
by perryizgr8 4y ago
How would you enforce that with any effectiveness? If I'm a landlord I'll just get one of my distant relatives to transfer me $100 every month and show the unit as "rented". They have rented it, but just happen to spend a lot of time away due to "reasons".
- klyrs 4y agoThe Vancouver area had a problem with developers building condo buildings, with the majority of units being empty. That's gonna need a lot of distant relatives being willing to engage in tax fraud.
- lotsofpulp 4y agoRequire all residents to submit a federal and state tax return showing their resident addresses. The city can simply outsource this verification to the state, since the state is already collecting federal income tax returns. I doubt many distant relatives are willing to commit federal and state felonies by fraudulently claiming they live somewhere they do not so that their relative can profit from holding onto a property. Additionally, mobile networks have logs of your real time location just a subpoena away, so good luck fighting it.
- smileysteve 4y agoSome people can risk performing tax fraud for a while; others cannot. This tax fraud scheme would open you to both state and federal audits.