[gruez]

>Empty flats can be deducted from taxes as lost income.

AFAIK there's no "lost income" deduction. Yes, you pay less taxes, but that because you had less income to begin with, not because of some deduction. If a tenant is not paying, then you're not getting income, so you're already paying less taxes.

[ctdonath]

Depends on the local tax law. Confluence of maintenance costs vs depreciation vs revenue vs other legal accounting issues can result in reducing/eliminating taxes - even if you have a net positive income.

Upshot: evicting non paying tenants can be profitable, while letting them stay on “they’ll come thru, just give them time” grounds can mean losing the property outright. (Strange this must be explained on Ycombinator.com.)

https://www.realwealthnetwork.com/learn/landlord-tax-deducti...