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re: “Renters don’t pay property taxes”

Posted on 6/28/26 at 9:03 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41291 posts
Posted on 6/28/26 at 9:03 pm to
quote:

Property taxes are to renters as tariffs are to consumers.


Tarrifs increase… prices increase
Posted by stout
Porte du Lafitte
Member since Sep 2006
183534 posts
Posted on 6/28/26 at 9:05 pm to
quote:

Rental property in many places qualifies for income approach to valuation


What does this mean?



He's googling terms or using AI.

GRM is used to eval SFH

The full income approach with cap rates is used on commercial or multi-family
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41291 posts
Posted on 6/28/26 at 9:05 pm to
quote:

You should stick to being a forever tenant because you have zero clue how things work


If taxes go up… and landlords decide to cover their costs? It will stick

Now if some landlords are bad businessmen or are trying to undercut the market…
Posted by SparkyWilson
Member since May 2026
79 posts
Posted on 6/28/26 at 9:05 pm to
A lot landlords in this thread seem to be struggling. Why are you doing it if you’re not making money.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
41291 posts
Posted on 6/28/26 at 9:07 pm to
quote:

A lot landlords in this thread seem to be struggling. Why are you doing it if you’re not making money.


Because the real goal is to break even / slight cash flow and benefit from appreciation.

Lot of whining around here from bad businessmen
Posted by stout
Porte du Lafitte
Member since Sep 2006
183534 posts
Posted on 6/28/26 at 9:08 pm to
Only in your ideal, perfect world would it happen unilaterally like that

You are either oversimplifying things to try to win an argument or truly have zero idea how the market functions. Maybe a bit of both but you look like a fool.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
75352 posts
Posted on 6/28/26 at 9:10 pm to
Nice pivot. You went from “renters pay property taxes” to “property taxes influence rent.” Those aren’t the same argument.
Posted by stout
Porte du Lafitte
Member since Sep 2006
183534 posts
Posted on 6/28/26 at 9:12 pm to
quote:

and benefit from appreciation.



This is how I know you have zero clue.

The more accurate statement would be to say that landlords benefit from both depreciation and appreciation. Depreciation for the yearly tax benefits and appreciation for the long-term wealth building.
Posted by stout
Porte du Lafitte
Member since Sep 2006
183534 posts
Posted on 6/28/26 at 9:16 pm to
quote:

“property taxes influence rent.”



Property taxes are one part of the entire RE market so acting like it's a valid point that rents would go down without them isn't the winning argument he thinks it is.




Posted by This GUN for HIRE
Member since May 2022
6202 posts
Posted on 6/28/26 at 9:25 pm to
quote:

You should sell those properties


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