no brainer
this post was submitted on 16 Jan 2024
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This just results in larger complexes being owned exclusively by the ultra rich. This idea outlaws the very concept of a co-op.
My friend owns three houses, the one he lives in and two he rents. He incorporated for tax purposes. Your saying he can't own the rental property because he's now taking advantage of the tax laws?
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While I agree, if that were a law, they would just get all residential property (except for their neighborhood) rezoned.
Edit: Man, you guys really missunderstood my comment. I wasn't saying we should roll over and die, I was just saying that wealthy shitheads cheat and steal.
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