Submitted by fluffykintail t3_11sqx12 in nyc
theageofnow t1_jcihh3n wrote
Reply to comment by 09-24-11 in Nearly 1,500 buildings ban Airbnb and other short-term rentals by fluffykintail
LLCs are pass-through entities, if the landlord owned the building as a direct partnership or in their own name (no incorporation), it would not affect their tax status or rate.
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