• 0 Posts
  • 4 Comments
Joined 1 year ago
cake
Cake day: June 3rd, 2023

help-circle

  • dragna@midwest.socialtoA Boring Dystopia@lemmy.worldGet rid of landlords...
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    6 months ago

    Sorry I meant in the sense that the income is treated the same plus the benefits of additional deductions. You don’t typically get additional deductions or reimbursements for a normal commute job (for instance gas, maintenance, licensing, etc) that you might see for say…well my wife is a good example as a veterinarian. She’s fully reimbursed for CE, licensing, and other items required for her job.


  • dragna@midwest.socialtoA Boring Dystopia@lemmy.worldGet rid of landlords...
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    4
    ·
    6 months ago

    I don’t know where you live but in the US the IRS considers rental income as regular income for tax purposes. So when you fill out your taxes it just goes in your bog standard income section.

    Additionally all expenses incurred for certain repairs and maintenance are tax deductible. My house gets similar tax breaks as I work from home, so things like plumbing repair (I guess considered an essential service) and regular maintenance can be deducted (although I’ve never gone over the standard deduction so I never really realize those benefits).

    In every imaginable way rental income is better financially than “standard” income…though not morally.


  • I think it’s important to remember that this was pitched as a single game originally. It was announced the year Mass Effect 3 came out. Comparing it to anything else is honestly pointless. Rockstar is building a game off its success and profits of GTA V. This is a ten year saga of broken promises and scope creep so astounding that people are saying they’re building four games when they’ve yet to prove they could deliver one. That’s just wild.