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Personal Finance 7w

_fred_

 Because the companies you are investing in have already paid taxes. When you sell a house you pay sales tax. When you sell stock you pay capital gain. Stock may seem magical, but it's just less direct
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Personal Finance 7w
Why pay property tax on house but not pay tax on investment portfolio? 200k house taxed at 2% you loose 4k a year. 200k portfolio... you just make 7% a year...
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Anonymous 7w

For example: If you invest in a REIT (Real Estate Investment Fun) that owns a lot of property, they are paying the property tax, thus decreasing your ROI by the tax rate. The taxes get paid one way or another in the US

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Anonymous 6w

I’m confused by the original post, don’t you still have to pay taxes on an investment portfolio?

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Anonymous 6w

No, property taxes are all about sources of funds for a local government.

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Anonymous replying to -> #2 6w

Yes. You pay taxes when you sell stock. You also pay income tax on dividends. The original post thinks it's found a clever advantage. When you hold a house you annually pay "property tax" there is no equivalent tax for holding stock.

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