Why haven't landlords received a property tax morotorium?

[ripcord]

Since the government has blocked them from receiving rent it is only fair that property taxes are suspended for the same amount of time.

[W_HAMILTON]

1. I don't believe the government has "blocked them from receiving rent."

The federal government has instituted a moratorium on EVICTIONS -- not on "receiving rent" -- due to the pandemic and subsequent public health hazards that evictions could cause.

Furthermore, it is the usually the state and local governments that collect property taxes -- not the federal government; so, it would probably be up to the states and localities to enact such a measure.

[ripcord]

2. You are splitting hairs

They can't evict people who don't pay their rent, at this point most would lose less money letting the properties sit vacant. As for a property tax moratorium all the federal government had to do was include it it in the eviction moratorium so local jurisdictions would be barred from collecting taxes on properties which are included in the eviction moratorium.

[W_HAMILTON]

3. It's not splitting hairs.

And the federal government did not "bar" property owners from collecting rent. They are still able to collect rent and accrue rent that they are unable to collect; they just can't evict certain renters over the non-payment of rent due to it potentially creating a public health hazard due to the pandemic.

If property owners can't evict renters for non-payment of rent, I highly doubt state and local governments are going to confiscate your property (and thus evict renters) because of unpaid property taxes that went unpaid due to the pandemic, so the point seems moot to begin with.

It all seems like one of those Republican situations where someone is looking for a problem where there is none.

[RegularJam]

16. You can evict people for non-payment unless they can prove one of a number of things.

Which most cannot prove. I just evicted someone for non-payment two weeks ago.

"would be barred from collecting taxes on properties which are included in the eviction moratorium."

There is no data base or list of properties included in the moratorium.

Seems to be a serious lack of understanding with what is going on. You are also using that lack of understanding to attempt to slash taxes. Not cool.

[LanternWaste]

19. You are moving the goalposts, and pretending a valid response is "hair splitting"

That said, I'm guessing you have zero knowledge of the Landlord Rental Assistance Programs.

[markpkessinger]

25. Any tenant who is able to pay rent but doesn't is a raging fool . . . .

. . . because that rent will still be due and owing whenever the moratorium on evictions expires, and the landlord will be able to demand all of it immediately, unless the tenant can negotiate a deal with the landlord. Therefore, I don't believe this issue is nearly as widespread as is being claimed. I think what is going on is that landlords are upset that they can't evict the tenants who were already in arrears when the moratorium hit.

The real question should be: Given that most of us have been required to make sacrifices during the pandemic -- some have had to accept pay cuts or reduced hours, still others (like me) have lost their jobs entirely -- why, then, should landlords not also be expected to beawr some of the burden?

[world wide wally]

4. Most small, individual property owners depend on rentals to pay their mortgages.

[obamanut2012]

7. Which they should never do

It should be an investment, not a salary.

[USALiberal]

9. Wow, what a silly statement! Nt

[Calista241]

10. Lol.

[fescuerescue]

14. I see. So just let the major corporations run all out housing

good lord.

[RegularJam]

15. Overall, I agree with you here.

Owning rental properties is an investment. That is almost always the case. And if you can't go without rent for a couple of months then you can't replace an AC system or deal with any other major potential issues.

The problem is all of the people that bought just before the housing crisis and then were relocated for employment. Many became accidental landlords out of financial necessity. They couldn't sell their homes. It's one of the reasons we are currently seeing such a sellers market. A lot of accidental landlords from a decade ago can now shed their headache.

My thought is a bit different. If renters were getting the assistance needed none of this would be a question. It's not about giving landlords incentives or breaks. They should be getting paid.

[world wide wally]

17. Most people cannot make that kind of investment from their spare change drawer.

If the rent money cannot be used to pay for it, ONLY the richest will own property.
Just business and free enterprise.

[Polybius]

5. Property taxes should be abolished

You paid the tax on the bill of sale once. Why pay every year? It would be like paying taxes on the TV you bought every year. This is the only issue that I'm conservative on.

[FSogol]

6. Why? Because the infrastructure that supports your property (roads, utilities, fire/police depts,

schools, libraries, animal control, licenses, building codes, etc) still have ongoing costs and need money. A one time payment doesn't cover it. There are no Galt-lands or other libertarian fantasy lands, having a good society costs money.

[USALiberal]

11. Lol! Really? To maintain the city! Nt

[RegularJam]

13. The cornerstone of right wing extremism.

Even laced with the fallacy that there is some connection to your house and a TV in a societal context.

Being conservative on an issue shouldn't require employing a fallacy, as you have done.

[Amishman]

22. Yes, but real estate taxes are an inefficient and regressive form of taxation

It hits the poorest the hardest, as they are typically renters and property taxes are effectively passed through as part of the rent.

It hits the middle class hard as they tend to have the greatest part of their wealth and savings in the form of their home.

The wealthy actually are the least impacted as their wealth tends to be spread across investments and other assets, they have the lowest percentage of their income going to property taxes

Real estate taxes are one of the least desirable means of taxation

[RegularJam]

24. My point was correct.

As is yours.

It is a regressive tax for far more reasons than you outline, as well. The reason you stated is actually only a very minor aspect and has very limited impact on low and middle scale rentals. Some of my rental values have gone up thirty percent or more in the last twelve months. Tax assessments play zero role in that increase.

[dsc]

18. In more than a few countries people do pay on their TV's every year

to support their national broadcasting systems. While I think property taxes are often over relied upon for some particular purposes, they should be in the mix.

[Skittles]

20. you really don't get how taxes work, do you

neither do conservatives

[Thunderbeast]

8. In Oregon, I just applied for Landlord Relief

Landlords can claim 80% of unpaid rents due to Covid. Tenants must attest that jobs were lost due to pandemic. Landlords must forgive remaining 20% of rent.

[Mr.Bill]

23. California has a similar program. n/t

[RegularJam]

12. The federal government has not blocked them from receiving rent.

Lets cut the mantra that cutting taxes is the answer to everything.

[Amishman]

21. Should have been a hardship assistance for property taxes

For any one, business or personal, badly impacted by covid and the emergency measures.