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Raed667
9mo ago
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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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amanaplanacanal
9mo ago
I'm trying to see how this would work. Would this be single family homes only? Duplexes and triplexes? Apartments/condos?
Raed667
OP
9mo ago
It doesn't matter, any residential property.
sokoloff
9mo 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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