I heard today that Montgomery County, MD property taxes are going up. I was not a happy camper!
That started me thinking about the other issues I have with the county that is not providing the services we are paying for. I sent an email to the county leaders with my complaints.
Which led me to wonder about the unfairness of higher taxes for investors!
For example, WHY IS AN INVESTOR PAYING A HIGHER PROPERTY TAX THAN AN OWNER OCCUPIED TAXPAYER???
As I see it, landlords are paying a higher share already, because they pay county fees plus taxes on their rental income. Why penalize them with higher real estate taxes, too?
Where did this idea come from? Why is it acceptable?
Who in the local and state government thinks that this is a good way to increase rental availability in the county, or anywhere it is prevalent? That makes no sense!
Especially now, that so many buyers have become renters. Now, that we are having a shortage of rentals in parts of the county. Penalizing the landlords would only lead to less rental housing.
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