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ktxhopem3276 t1_j9qp2zu wrote

And landlords that buy a dump, renovate, charge high rent and never sell. They will only pay taxes on the original sale price when it was a dump

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rmetcalf1230 t1_j9rx1tt wrote

Some call that “the playbook”

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ktxhopem3276 t1_j9rxspg wrote

Another cool trick is real estate developers use ground leases and creative corporate structures to avoid transfer taxes

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