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However, although not direct, and not likely one-to-one, property renters can be subject to property taxes as well. If the tax reduces the supply of housing units, then it will increase the rental price. In this way, the owner's cost of taxation is passed on to the renter (occupant).
The city of Bellingham recently required property owners give tenants 120 days notice of rent increases. Depending on where your property is, you might be entitled to more than 60 days notice.
A triple net lease (triple-Net or NNN) is a lease agreement on a property where the tenant or lessee agrees to pay all real estate taxes, building insurance, and maintenance (the three "nets") on the property in addition to any normal fees that are expected under the agreement (rent, utilities, etc.).
As a result, some states allow tax deductions based on rent in order to defray the property taxes that renters have already effectively paid. Other states use this deduction to help lower-income ...
Owning an Airbnb or other rental property can be a good investment, especially if the property is located in a prime location. According to one report, the average Airbnb host earned more than ...
Owners and users of property and land also pay taxes based on the value of property to the water boards for flood protection and water and wastewater treatment ("waterschapsbelasting"). A percentage of the value of a house ("huurwaardeforfait") is added to the income of the owner, so the owner of a house pays more income tax. All property ...
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