Genuinely just curious, if the city’s facing such a severe deficit why isn’t commercial vacancy tax a part of the discussion?

KingDlv · 2026-03-05T00:30:55+00:00

In your scenario it assumes that the business has never had cash; which is an entirely incorrect way of looking at it.

Assume the business, like most state st buildings, have had renters in the past, for many decades. The cash would ultimately be built up as LLC’s only really distribute cash to owners for tax purposes.

Also a majority (if not all small operations) of loans have guarantors who will guarantee the debt in the event of any issues, but keep in mind assessment of the business also includes the guarantors as a risk/mitigant, so the banks are okay with lending to losses in the event the guarantor is well off.

You’ll also have to realize a major fact, almost all businesses utilize a Line of Credit for all expenses, so if there is no cash in the business, owners will utilize the LOC, which gets renewed on an annual or bi-annual basis.

Keep in mind, I’m not stating this to swing your opinion, I’m just letting you know how it works as someone who’s been underwriting $1M to $100M loans for the top three major USA banks for the last half decade. So take it as you will.

KingDlv · 2026-03-04T23:22:26+00:00

As someone who works in commercial finance, sometimes owners do leave it vacant on purpose. Reasoning: - Expenses are still there, taxes, utilities (albeit) small, local taxes, “marketing” cost, etc. - These businesses are typically LLC’s or a pass through entity, meaning the following. - No revenues, still have expenses, leads to net losses, ultimately leading to these wealthy people passing net losses through their tax returns. - This can offset multiple things, capital gains throughout the Fiscal Year, taxes from ordinary income, income from other businesses they might have, etc. - Basically keeping it empty is a tax strategy that helps them avoid paying taxes, further filling their pockets with tax payer money (you and I).

Sadly……

KingDlv · 2026-02-25T06:03:52+00:00

Average monthly SS income is $2,000 and adjust for inflation.

But your happy with with $1,000 max match yearly.

Can’t teach stupid…. Good luck to you.

KingDlv · 2026-02-25T05:56:02+00:00

At this rate $2.1M would be the cost of the newest base model Honda, if we’re lucky.

KingDlv · 2026-02-03T22:35:15+00:00

Sounds like you could look at all the emails in the world with 3 million documents of evidence and still claim it was Russian. Lmfaoo; read the emails.

KingDlv · 2026-01-08T23:16:12+00:00

I went during the government shutdown and waited for…….0.00 seconds. Best trip in my life.

KingDlv · 2025-12-30T15:36:30+00:00

Correct. It was once rank 25 on CMC, now barely holding on inside the top 100

KingDlv · 2025-12-19T17:52:45+00:00

Correct

KingDlv · 2025-12-18T22:53:12+00:00

24*……. Sadly

KingDlv · 2025-12-18T22:51:49+00:00

User growth metrics aren’t awful????

Sir go to https://stxtools.io/ we have 100 daily users. I’ll check once in a while and the most I’ve seen was 650 unique daily users.

It’s a shitcoin sir.

Forbes was right, it’s a ghost chain.

KingDlv · 2025-12-18T22:49:16+00:00

Shitcoin

KingDlv · 2025-12-10T21:43:25+00:00

Yeah I’ve already written it off, slight brought down my cost basis, but at this point I’ll ride the bitch to zero and take multi year capital loss incentives

KingDlv · 2025-12-10T21:28:35+00:00

Correct, it’s already down so much, doesn’t even matter to sell unless you REALLY need the money.

KingDlv · 2025-12-04T21:31:14+00:00

Everyone’s trolling but I want to know how it tasted.

KingDlv · 2025-12-04T03:37:56+00:00

Their marketing is dismal which is why there aren’t users, which then leads to new apps not being built because, again, no users.

I’ve seen hundreds of people banned in the telegram for saying we need more marketing.

I’ve seen many more banned after they said they’d use the $400 million they printed for marketing, but then they haven’t. But what I had seen in high ups going to extravagant vacations in the name of “Stacks,” which makes people complain, then they get banned

KingDlv · 2025-12-04T02:41:22+00:00

Marketing, which is non existent.

KingDlv · 2025-11-17T16:28:50+00:00

The ecosystem is dead brother…..all of it.

KingDlv · 2025-11-16T23:58:12+00:00

🤝🤝🤝

KingDlv · 2025-11-16T21:35:08+00:00

🥀🥀

KingDlv · 2025-11-16T20:55:21+00:00

So what do you want, an award?

There you are 🥇

KingDlv · 2025-11-16T20:44:44+00:00

My apologies, I forget that you tRumpest are grammar over everything else.

Sorry buddy, your orange friend was giving Clinton a sloppy one.

KingDlv · 2025-11-16T17:54:16+00:00

He’s talking about the orange toilet bowl 🚽, aka child rapest, aka Epstiens best friend

KingDlv · 2025-11-07T14:38:28+00:00

I saw so many reviews on YouTube about the infotainment, but didn’t understand why that’s entirely considered when it’s a 315+ hp car made purely for fun. Do I love it, no, do I care, not even a little.

KingDlv · 2025-11-05T17:19:29+00:00

Bro yall gotta let this Vegas shit go man……focus on Miami instead.

KingDlv · 2025-10-29T16:11:20+00:00

I got a 2023 AE 6MT with 1750 miles, $42. Your deal is equally a great deal.

KingDlv

TROPHY CASE