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Comment by darawk | Hacker News Reader

This is a pretty reasonable thing to suspend at a time when landlords are essentially forgiving huge amounts of rent. It's super reasonable that they be able to deduct those losses on their taxes in an unlimited fashion.

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Where have you heard that landlords are forgiving rent? That's not the case at all. You still owe all of that rent. This kind of attitude is increasing bizarre in the current world.

> Where have you heard that landlords are forgiving rent?

I assume he's confusing it with evictions being put on hold.

> You still owe all of that rent.

Indeed.

> You still owe all of that rent.

Without interest?

Worse, with late fees. You can still get evicted legally as well, it's just that they can't remove you.

any chance of a reference?

Then why not target it specifically towards landlords who have forgiven rent?

Only if they don't request to be paid back later for said rent. Otherwise, that's just giving rich people free money.

People who can't pay rent now are unlikely to be able to ever pay it back later. It's probably better for everyone to just write it off.

That would probably be better, but isn't happening. I think these landlords should have planned ahead and had six months of emergency funds saved up, just like McDonald's employees are supposed to.

Definitely, that would be a better outcome. However the rent isn't being forgiven - it will possibly be sold to a collections agency, who would hound the renter to get something back from some of the renters.

If they get it later, what's the loss they get to claim on their taxes?

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