Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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Landlords didn't get their job for their brains, also ALAB. (lemmy.world)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 2 months ago* (last edited 2 months ago) (1 children)

The landlord doesn't do all repairs themselves, they pay someone to do repairs. Most regular maintenance of the property is the responsibility of the tenant. That's why people treat investment properties as passive income, because effectively they are.

[–] [email protected] 1 points 2 months ago

It really depends on the landlord. I've had landlords who did some repairs.

Most people treat it as passive income they spend less than 14.4 hours per week on it, which means the IRS categorizes it as passive income.