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There is also the fact that having some vacant unit across a large portfolio reduces profit and the tax bill on the units that are being rented out.
by bobthepanda 3y ago
There is also the fact that having some vacant unit across a large portfolio reduces profit and the tax bill on the units that are being rented out.
- sokoloff 3y agoIf they’re doing it to maximize their long-run profits, that will tend to maximize their long-run income taxes due as well.