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  1. #1 Los Angeles wants to tax landlords for vacant units 
    Senior Member Banacek's Avatar
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    Just when you think things in the city of Los Angeles couldn’t be any more dysfunctional, they manage to take the cake yet again. The City Council is seriously kicking around a new tax on property owners for leaving homes vacant.

    Just think of it as the “Tom Bodett tax” — either landlords leave the light on for ya, or they pay up.

    City Councilmen Mike Bonin, Marqueece Harris-Dawson, Paul Koretz and David Ryu have asked city staffers to come up with a plan for an “empty homes penalty” or vacancy tax.

    “No bed in this city should be empty when people are being forced to sleep on pavement. … Empty-home penalties encourage landlords to keep people housed, and they help raise needed funds to create more affordable housing. This is an important tool for addressing one of the root causes of homelessness in L.A., and it is a step we desperately need to take,” Bonin said
    https://www.dailynews.com/2019/06/19...-vacant-units/
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  2. #2  
    Ancient Fire Breather Retread's Avatar
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    Continuing to earn the title “the land of fruits and nuts”.
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    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    How about a tax on politicians for vacant craniums.
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  4. #4  
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    Let's tax welfare recipients so they can pay their fair share of the financial burden they put on everyone else.
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  5. #5  
    Senior Member Dlr Pyro's Avatar
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    Quote Originally Posted by Rockntractor View Post
    How about a tax on politicians for vacant craniums.
    Great idea. The homeless problem is in large part due to their inaction on dealing with the problem early on and turning a blind eye when the homeless camps started popping up. Now they want to kick the can to others to cover their incompetency on the matter
    "Even if Trump didn't pay Russian hookers to pee on one another to defile a bed the Obamas once slept on it sounds like something he would do and that's all that matters." DemocratSinceBirth, Wed Jan 11, 2017, 09:32 AM

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    Power CUer noonwitch's Avatar
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    Quote Originally Posted by Dlr Pyro View Post
    Great idea. The homeless problem is in large part due to their inaction on dealing with the problem early on and turning a blind eye when the homeless camps started popping up. Now they want to kick the can to others to cover their incompetency on the matter

    They have a ton of homeless people and a bunch of vacant housing that I assume is available, not housing that should be condemned/on the city's list for demolition. The city leaders and the landlords need to talk about ways to get the homeless into the housing and make sure that the rent is paid. Newsome being the governor could facilitate this. Then take it to HUD and see what they can add to the plan.

    But that's too rational for California politicians.
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  7. #7  
    Senior Member Dlr Pyro's Avatar
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    Quote Originally Posted by noonwitch View Post
    They have a ton of homeless people and a bunch of vacant housing that I assume is available, not housing that should be condemned/on the city's list for demolition. The city leaders and the landlords need to talk about ways to get the homeless into the housing and make sure that the rent is paid. Newsome being the governor could facilitate this. Then take it to HUD and see what they can add to the plan.

    But that's too rational for California politicians.
    If I was a landlord with vacant property, I'd rather leave it vacant than take the risk of having a bunch of addicts ruining what is not theirs.
    "Even if Trump didn't pay Russian hookers to pee on one another to defile a bed the Obamas once slept on it sounds like something he would do and that's all that matters." DemocratSinceBirth, Wed Jan 11, 2017, 09:32 AM

    "Enemy. The word you are looking for is enemy. When the ideals of someone are antithetical to yours, you can say the word "enemy". DUmmy ret5hd Fri Aug 24, 2018, 05:10 PM
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  8. #8  
    Power CUer noonwitch's Avatar
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    Quote Originally Posted by Dlr Pyro View Post
    If I was a landlord with vacant property, I'd rather leave it vacant than take the risk of having a bunch of addicts ruining what is not theirs.
    True, but not all the homeless people are addicts.

    It's better to work with the landlords than to punish them.
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  9. #9  
    Destroyer of Worlds Apocalypse's Avatar
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    Got a few questions about this.

    1 Is there a tax deduction for landlords of claimed empty rentals they are claiming?

    2. What is the current % of empty rentals?
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  10. #10  
    Destroyer of Worlds Apocalypse's Avatar
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    The reason I ask this is. If there is a tax deduction available, you could be seeing a situation of wealthy land owners using the tax policy as a tax dodge claiming it as a rental with a ridiculously high monthly rent, while paying less in taxes then they would if it was a regularly claimed property.

    Plus a unusually high % of rentals that are empty could also indicate an imbalance in rentals fees and needing a push to drop the fees.
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