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To: Snuph
The Dims almost go that one passed here couple years ago.

Imputed rent proposed... here? Reference please!

18 posted on 10/07/2012 6:14:47 PM PDT by Pearls Before Swine
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To: Pearls Before Swine
It was in the stimulus bill. They removed it at the last minute. The way it was going to work was like this: If you owed less than 50% of the IRS’s estimated value of your home then the IRS would estimate what you would have made in rent had you not lived in it and you would pay income taxes on the imputed income. Because it is income if you are not paying a full value payment every month ya know.
19 posted on 10/07/2012 6:23:11 PM PDT by Snuph ("give me Liberty...")
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