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To everyone who hates the concepts of landlords and rent, what counts as being a landlord? (sopuli.xyz)

submitted 7 months ago by [email protected] to c/[email protected]

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Does having an AirBNB setup make someone deserving of the guillotine or does that only apply to owners of multiple houses? What about apartments?

Please explain your reasoning as well.

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[–] [email protected] 1 points 7 months ago (1 children)

Capital gains IS progressive. Short term capital gains are taxed as ordinary income. Long term capital gains are taxed according to income bracket and range from 0% to 20%. This year to qualify for the 0% tax bracket a single person would have to make less than approximately $47k. Hardly rich.

[–] [email protected] 1 points 7 months ago

We're talking about unrealized gains. Currently only realized gains are taxed.