return2ozma@lemmy.world to News@lemmy.world · 7 days agoAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comexternal-linkmessage-square187fedilinkarrow-up1433arrow-down18cross-posted to: usnews@lemy.lol
arrow-up1425arrow-down1external-linkAmerica’s housing crisis continues to worsen, renters are struggling more than homeowners, report sayswww.cnn.comreturn2ozma@lemmy.world to News@lemmy.world · 7 days agomessage-square187fedilinkcross-posted to: usnews@lemy.lol
minus-squarePacattack57@lemmy.worldlinkfedilinkarrow-up3·5 days agoThe homestead exemption is not a tax. It is a discount on tax. Therefore there is no penalty for owning extra homes. Landlords not only benefit from the homestead exemption but also get you to pay the property taxes on the house you’re renting.
minus-squareTwentySeven@lemmy.worldlinkfedilinkarrow-up1·4 days agoExtra tax on non resident properties vs discounted tax on your residence. As far as I can tell, it’s the exact same thing
The homestead exemption is not a tax. It is a discount on tax. Therefore there is no penalty for owning extra homes. Landlords not only benefit from the homestead exemption but also get you to pay the property taxes on the house you’re renting.
Extra tax on non resident properties vs discounted tax on your residence. As far as I can tell, it’s the exact same thing