(03-08-2024, 11:31 PM)mikesez Wrote:

(03-08-2024, 09:13 PM)Sneakers Wrote: A landlord might not be a landlord if he has a mortgage?  LOL.  Do you know ANYTHING about mortgages and lending?  This is one of your dumbest posts ever, and that's not an easy club to break into.

What do you think happens when a property is vacant and there are no incoming tenant funds?  How do the taxes get paid? 

PS  A tax assessor will NEVER take possession of property for delinquent taxes.  That's the job of the tax COLLECTOR.  I assumed (incorrectly, apparently) that their respective job titles made that obvious.

Study some economics.
You are using "landlord" in a very specific sense, the entity that a resident tenant pays rent to.

In economics, "landlord" or "rentier" is anyone who expects payment from their investments, anyone who extracts wealth without working.

Instead of trying to challenge me on vocabulary and definitions, explain why these differences in vocab are important to my point.  

My point is, "the tenant pays everything, including property tax." The only thing you said that actually speaks to this point is "what happens when the property is vacant?" 

Fair question.  Simple answer.  When the property is vacant there is no tenant.  So that has nothing to do with my point.  

When there is a tenant, the tenant pays everything, including property tax.

The conversation is specifically about property and the tax thereon, not economics in general, and it was you who introduced the descriptive "landlord".  Try to keep up.  If you can't, just send up a flare and I'll circle back around and sketch it out for you with a Crayola. 

By your definition, someone who doesn't own real property, but is making money from stock dividends or a bank cd is a landlord, which is an absurd interpretation.   You're just digging yourself in deeper.

It was a two-part question, now answer the second part, which goes directly to your point.  When the property is vacant, who pays the taxes?  I'll give you a hint, the bill still goes to the same address.

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