To: Eagle Eye
A rental property owner who owns his own residence generates more tax revenue than does 2 homeowners. The first increase in tax revenue comes from the income tax paid rental income. Many rental property owners also higher maintanence companies for upkeep and lawn service. And when they sell the rental property they pay capital gains taxes where the sale of a primary residence does not as long as they meet some minimal requirements.
11 posted on
10/02/2003 6:04:49 AM PDT by
Phantom Lord
(Distributor of Pain, Your Loss Becomes My Gain)
To: Phantom Lord
I'm assuming that these must be owner occupied residences.
So, how do you feel about YOUR tax dollars going to help finance home purchases for people you never met?
17 posted on
10/02/2003 6:17:39 AM PDT by
Eagle Eye
(I'm a RINO. I'm far too conservative to be a real Republican.)
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