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Falls Church...re: ADU owners should pay an additional fee to the city. Oh, you mean like the registration, inspection, and licensing fees they need to pay to legally rent their ADU? Or the additional income tax they will pay on the rental income? Or the higher property tax on the now more-valuable property? Being a landlord is a business, and, like all businesses, there are numerous taxes and fees levied on the gains. DC gets a nice chunk of change out of me for my rental property (and gets income and sales tax and other fees from my tenant), and income tax gains, the most immediate, will be more substantial for ADU owners as they don't have nearly the mortgage interest, maintenance, and other expenses of a landlord who owns a unit separate from their primary residence.

by Ms. D on Jun 1, 2012 3:15 pm • link • report

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