Every country has its own tax rules. In our country, a property owner needs to pay multiple taxes, including and not limited to municipal taxes, land/property ownership taxes, etc.
It depends on the country where you are running your real estate business, first the law of each country differs , so the implication will also be different but I dont think there will be an issue if you follow the due process .
Real estate investing can have various tax implications that investors should be aware of. Some of the implications are depreciation, rental income, capital gains, passive activity losses amongst others.