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Joined 1 year ago
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Cake day: June 20th, 2023

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  • This is simply not true. Most of the single family dwellings rentals are owned by regular people. If you think the average person can throw down on a $800,000 mortgage at 6% and pay $8000 a year in property tax plus other expenses just to hedge inflation, you are as delusional as most of the people I’ve run into on this site. Just do the simple math on how much rent you would have to charge to break even on a rental if you wanted to be a land lord tomorrow, then see if you could just sit on a $50,000 loss per year. Jesus. I’m about done with Lemmy. People here are dumb as shit




  • Rental income is taxed at 100%, FYI.

    I think carrot works better than stick. Instead of punishing everyone who made an investment, and spending god knows how much money to enforce it, just offer a one time capital gains exemption on any investment single family dwelling that has rental income for more than a year. But make that exemption dependent on the sale going to someone who doesn’t already own a home. (No landlords scooping up extra properties) this puts sellers in connection with buyers and since the seller is getting a big payout they can do the extra leg work. I bet many of the properties get sold to existing tenants.

    The government gets an easy cost effective way to free up supply, and it doesn’t actually take money out of their pocket. (Just removes future tax income). Limit the program to no more than 3 years. Anyone who is a casual landlord will jump to get out. Boomers in retirement will jump at it as they will have owned these properties for years. This will free up supply in months, not years. Everyone I know who owns rentals that I discussed this with said they would sell if they could avoid capital gains.

    That’s my $0.02. FWIW






  • So when you ask if there is a point, I think it’s probably with reaching out to a local autism support group to explain your situation. I am in Canada and I have a son diagnosed with ASD. Currently we get a disability tax credit that provides tax relief that we can use to buy private services. As an adult you may qualify for a disability pension fun the government, all though i am not sure of that specifically. You didn’t mention how old you are, but I would guess you are an adult. Employers are required to protect your medical disclosures, if your condition may present difficulties working in social settings, the company would be obligated to provide accommodation, which could look like work from home or a more quiet work space. I have read quite a few posts on Reddit where adults feel relief from anxiety by allowing them to put a name to the issue they face. Schools deal with ASD all the time, and provide a number of accommodations for writing exams. So to answer your question, yes there are definitely reasons to get diagnosed, only you can really decide if you want to. I wish you all the best whatever you decide.





  • I owned an f150 for 11 years. It’s honestly been my favorite vehicle. However, in the time I owned it, I used it to tow my motorcycles and race gear, I renovated almost every room in my house, and I had a seven kilometer drive to work. It was an extremely useful vehicle. Anyone that needs a truck will immediately argue with you that they aren’t necessary… For some people. My kids got a little older, and I need to drive them and their friends around, I sold the bikes, and I sold the truck for 50% of what I paid for it. I bought a 6 seater explorer. You may not like trucks, but they have their uses. If they sold UTEs in the USA/Canada I would have bought one in a second. I used to carry a tow strap too to pull civics out of the ditch during snow storms.





  • It’s unfortunate that the higher up your go in wealth the more access you have to loop holes. While this tax law does benefit corporations, it also massively helps middle class investors to keep more of their money. If the capital gains were revoked across the board a substantial money is middle class would find retirement harder to achieve. Capital gauge should be prorated like income tax. Allow the middle class to invest and drive the stock market but prevent corporations from behaving badly in the name of wealth accumulation.