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by chongli
655 days ago
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It has to be binary, doesn't it? If it's some sort of progressive scheme with tax brackets based on number of properties owned then PE will find a way to structure their holdings so that each legal entity only owns a single property. The only way to prevent that is to mandate that the owner of the property be an individual (not a business or trust) who resides on that property for more than 183 days per year. |
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