News for hackers. Stuff that matters.
Re:RealPage rent-pricing case wraps with nearly $360M to ren... by pessimizer on Saturday November 07, 2026 @09:52AM (#50405049)
Except you can write off those $1400 units as $2400 of losses that will offset profits from another part of your business.

Not everything is "Economics 101."

Re:RealPage rent-pricing case wraps with nearly $360M to ren... by jasode on Saturday November 07, 2026 @10:51AM (#50405556)
>Except you can write off those $1400 units as $2400 of losses that will offset profits

No, the IRS doesn't allow tax deductions for the "missing rents" of unrented units. IRS only allows deducting ongoing expenses such as "maintenance, insurance, taxes, and interest," :

https://www.irs.gov/pub/irs-pdf/p527.pdf

The IRS does allow tax deductions for "uncollected rents" but that's only for "bad debt" type of scenarios of signed lease contracts which creates an obligation to pay. Unrented units don't count in that scenario because there are no legally binding leases.

Re:RealPage rent-pricing case wraps with nearly $360M to ren... by DANmode on Saturday November 07, 2026 @03:34PM (#50407800)
Flagging doesn’t change legal reality.

Voting at a polling place might, but I’m just the messenger, just telling you what’s out there.

Re:RealPage rent-pricing case wraps with nearly $360M to ren... by consensus1 on Saturday November 07, 2026 @11:35AM (#50405865)
If you want to commit tax fraud you can still do that while renting out your units.