| http://www.w3.org/ns/prov#value | - On the other hand, until the Tax Reform act of 1986 went into effect, the effective rate of tax on owning rental property was negative, mostly because you were taxed as if your property was going to become worthless in a short time (as low as 15 years at one point), although in fact the value of buildings tended not to fall at all.
|