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Joined 2 years ago
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Cake day: July 13th, 2023

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  • 100 in rent - 100 in mortgage cost = 0.

    The gains are by the inherent value of the asset. You would need to tax the sale of the property because that is where the profit is realized.

    My point isn’t about a semantic difference in the definition of a word. It’s that blanket policy that isn’t well thought out doesn’t actually solve any problems, it’s helpful to take some time to actually think things through, get a better understanding of what is at play and come up with real ideas that can be actioned if you want change.


  • Fwiw, while this would be a disincentive, the ‘real’ money from this is the ability to leverage at a high amount.

    If you mortgage a property you effectively get to leverage your capital 5:1, and your return is made by someone else paying the interest on your margin, any below the line profit is a bonus.

    So if it’s costing my business $100 month (mortgage, losses) and the tenant is paying $100 (rent, profits), your net profit is 0 but you are effectively earning $80 on that $100.

    So you would need to also reclassify what it means to be a real estate professional, to prevent business from being able to claim real estate expenses as a loss. (As well as the tons of other aspects like depreciation which give you time value of money over the life of the property, depreciation of assets within the house, and other tax benefits.) in fact it’s possible to take a ‘loss’ on a house and rent it for less than your mortgage, and still come away making money

    Just sayin there is more to it than just black and white P/L




  • Well an uppercase ASCII char is a different char than its lowercase counterpart. I would argue that not differentiating between them is an arbitrary rule that doesn’t make any sense, and in many cases, is more computationally difficult as it involves more comparisons and string manipulations (converting everything to lower case).

    And the result is that you ultimately get files with visually distinct names, that aren’t actually treated as distinct, and so there is a disconnect from how we process information and how the computer is doing it.

    ‘A’ != ‘a’, they are just as unequal as ‘a’ and ‘b’

    Edit: I would say the use case is exactly the same as programming case sensitivity, characters have meaning and capitalizing them has intent. Casing strategies are immensely prevalent in programming and carry a lot of weight for identifying programmers’ intent (properties vs backing fields as an example) similar intent can be shown with file names.