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A comment on Ask HN: Anyone else feels the commoditization of real estate is unethical?. Parent comment

Re:Ask HN: Anyone else feels the commoditization of real est... by s1artibartfast on Saturday August 13, 2022 @11:26AM (#32450735)
There are multiple taxes on rental properties. You have to pay both income tax, and if you are a corporation you have to pay corporate taxes.

That's roughly 20% and then another 20%.

If you wanted to go with this approach, the better solution is to remove tax deductions for corporate residential real estate investment

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Re:Ask HN: Anyone else feels the commoditization of real est... by colinmhayes on Saturday August 13, 2022 @11:37AM (#32450856)
Competent landlords don’t pay income tax because they use depreciation and reinvesting to claim 0 income.
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Re:Ask HN: Anyone else feels the commoditization of real est... by s1artibartfast on Saturday August 13, 2022 @12:55PM (#32451632)
That's exactly what I was pointing out in the post you responded to
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