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0 pointsRaed6671y ago0 comments

There is. Progressive taxation. Your first purchase is tax free. Second is a percentage and the more you accumulate the higher the percentage.

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3 comments · 1 top-level

amanaplanacanal1y ago· 2 in thread

I'm trying to see how this would work. Would this be single family homes only? Duplexes and triplexes? Apartments/condos?

Raed667OP1y ago

It doesn't matter, any residential property.

sokoloff1y ago

If I build a 40-unit apartment building (provides housing for 36 families on average), am I taxed as if that’s 40 residential properties? Do we want to use tax policy to punish this construction?

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