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A comment on Rising Rents Are Pushing More Tenants Past the Breaking Point. Parent comment

Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by jdavis703 on Thursday October 26, 2017 @05:57PM (#15563472)
The renter actually pays the property tax, it's included in the rent that is charged. There are very few landlords who rent out their property for less than the cost of property tax.

Further many residential properties are owned by LLCs and other corporations that allow them to lock in low taxes by never selling the actual property, but merely the holding company of the property.

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Re:Rising Rents Are Pushing More Tenants Past the Breaking P... by rsync on Thursday October 26, 2017 @06:47PM (#15563904)
"Further many residential properties are owned by LLCs and other corporations that allow them to lock in low taxes by never selling the actual property ..."

I think you are talking about prop 13 and the ability of corporate entities to benefit from the provisions of prop 13 which I agree, is completely insane.

But prop 13 is limited to California and I know of no other states that have anything comparable.

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