Allow small landlords to credit rent board fees against business tax
In Plain English
Small landlords with 4 or fewer rental units currently pay both rent board fees and business tax to the city. If approved, they can subtract rent board fees from their business tax bill. This reduces city business tax revenue by $1.6 million per year but the budget already accounts for this loss.
Auto-generated summary. Source: official agenda documents.
Community Discussion
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Similar Discussions
5 related items found by meaning
Allow small landlords to credit rent board fees against business tax
Allow small landlords to reduce business taxes by Rent Board fees paid
Modify rules for collecting residential rental housing fees
Create rent board fee credit for landlords with 4 or fewer rental units
Change rules for collecting fees from rental property owners
The Story So Far
10 prior discussions on this topic
Receive presentation on research for new real estate disclosure requirements
Receive letters from residents about rent control and eviction laws
Review landlord's appeal of $5,054 penalty for habitability violations
Establish regulations requiring disclosure and oversight of landlord-tenant buyout agreements
Receive community letters about rent control and eviction protection law
Review tenant buyout policy and direct staff to draft new law
Honor Nicolas Traylor for 9 years leading Richmond Rent Program
Receive monthly financial report for rent control program through January 2026
APPROVE the minutes of January 21, 2026, Regular Meeting of the Richmond Rent Board
APPROVE the minutes of November 19, 2025, Regular Meeting of the Richmond Rent Board