If the U.S. government stops distorting the housing market, we’ll increase home ownership, economic growth, economic equality, and stable family wealth creation.
We should at least get rid of these tax breaks for landlords of single-family houses and condos.
Depreciation tax deduction.
1031 Exchange tax deduction.
Mortgage interest tax deduction.
Tax-free landlord profit-taking.
Taxes on capital gains being lower than income taxes.
Stepped-up tax basis.
How many of these landlord tax breaks did you know about? I learned about them from websites and YouTube.
There’s a minor industry online explaining all the tax breaks for landlords. Leave a comment with the landlord tax breaks I’ve missed.
Next
All
Part 1 – 6 Tax Breaks Landlords Get that You Don’t
Part 2 – Depreciation Tax Deduction – (Tax Deferral)
Part 3 – 1031 Exchange – (Tax Deferral)
Part 4 – Mortgage Interest Tax Deduction – (Tax Reduction)
Part 5 – Tax-Free Landlord Profit – (Tax Deferral)
Part 6 – Taxes on Capital Gains are a Lot Lower Than Taxes on Ordinary Income – (Tax Reduction)
Part 7 – Stepped-Up Tax Basis – (Tax Reduction)
Part 8 – 6 Distortions of the Housing Market
Part 9 – 2 Sets of Rules for Single-Family Houses
Part 10 – Fixed Supply of Single-Family Houses
Part 11 - Houses for Homes, Not Tax Shelters
Part 12 - Solutions
Part 13 - Permanently Increase Economic Growth
Part 14 - Life is Crazy Enough
Part 15 - The Hardest Part
Part 16 - Distorted Back to Reality
Part 17 - Stop Distorting the Housing Market
Part 18 - Conclusion