Many of the world’s largest investment firms have launched new funds over the past couple of years aimed at acquiring or building single-family homes to use as rentals. This comes as no surprise considering that the increased cost of buying a home has forced many Americans into being tenants instead of homeowners. Arrived, a young real estate company backed by Amazon.com Inc. founder Jeff Bezos, recently announced its entry into the single-family rental fund space. Arrived currently operates a f
It should be scalably taxed with no exceptions.
You own one house you live in? No tax (or low tax).
Every residential dwelling you own after that costs you a higher and higher tax.
A corporation cannot live in the first house, so they automatically forego that initial first home no/low tax.
Lastly, foreign ownership should be taxed double.