Re:The Rise of the Professional Airbnb Investor
by golergka on Sunday February 19, 2017 @09:06AM
(#13679743)
Wait, it seems I don't know something here. Do people in US or wherever pay income taxes to local authorities and not to central federal government?
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Re:The Rise of the Professional Airbnb Investor
by tacostakohashi on Sunday February 19, 2017 @09:16AM
(#13679791)
Yes. It varies (hugely) from on place to another, but typically there is a state income tax, and also sales taxes and property taxes that go variously to the city, county, or possibly state. It's quite possible that a person might pay, say, 1/3 of their taxes to these non-federal entities.