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A comment on Some Rich Americans Are Getting Stimulus ‘Checks’ Averaging $1.7M.

Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by darawk on Wednesday April 15, 2020 @03:29PM (#22881985)
This is a pretty reasonable thing to suspend at a time when landlords are essentially forgiving huge amounts of rent. It's super reasonable that they be able to deduct those losses on their taxes in an unlimited fashion.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by cultus on Wednesday April 15, 2020 @03:37PM (#22882072)
Where have you heard that landlords are forgiving rent? That's not the case at all. You still owe all of that rent. This kind of attitude is increasing bizarre in the current world.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by nordsieck on Wednesday April 15, 2020 @03:41PM (#22882103)
> Where have you heard that landlords are forgiving rent?

I assume he's confusing it with evictions being put on hold.

> You still owe all of that rent.

Indeed.

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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by maerF0x0 on Wednesday April 15, 2020 @03:51PM (#22882227)
> You still owe all of that rent.

Without interest?

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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by cultus on Wednesday April 15, 2020 @04:00PM (#22882327)
Worse, with late fees. You can still get evicted legally as well, it's just that they can't remove you.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by maerF0x0 on Wednesday April 15, 2020 @06:45PM (#22884034)
any chance of a reference?
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by jetrink on Wednesday April 15, 2020 @03:33PM (#22882019)
Then why not target it specifically towards landlords who have forgiven rent?
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by frenchman99 on Wednesday April 15, 2020 @03:32PM (#22882003)
Only if they don't request to be paid back later for said rent. Otherwise, that's just giving rich people free money.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by wmf on Wednesday April 15, 2020 @03:37PM (#22882066)
People who can't pay rent now are unlikely to be able to ever pay it back later. It's probably better for everyone to just write it off.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by cultus on Wednesday April 15, 2020 @03:40PM (#22882096)
That would probably be better, but isn't happening. I think these landlords should have planned ahead and had six months of emergency funds saved up, just like McDonald's employees are supposed to.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by verbify on Wednesday April 15, 2020 @03:49PM (#22882206)
Definitely, that would be a better outcome. However the rent isn't being forgiven - it will possibly be sold to a collections agency, who would hound the renter to get something back from some of the renters.
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Re:Some Rich Americans Are Getting Stimulus ‘Checks’ Averagi... by 6gvONxR4sf7o on Wednesday April 15, 2020 @04:09PM (#22882431)
If they get it later, what's the loss they get to claim on their taxes?
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