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Owner occupied units don’t pay tax on imputed rent, and have untaxed capital gains up to 500k. Owner occupied units also don’t pay 10% of revenue to a manageme
by anonuser123456 4y ago
Owner occupied units don’t pay tax on imputed rent, and have untaxed capital gains up to 500k.
Owner occupied units also don’t pay 10% of revenue to a management firm.
It pencils out as a wash, otherwise people would simply buy their home as a corporation and rent it to themselves.