Stop Predatory Investing Act
Congress targets big landlords by cutting tax breaks for owners of 50+ single-family rentals
Stalled
No legislative action in over 90 days.
Legislative Progress
Key Points
- Congress would block two big tax write-offs for people or companies that own 50 or more single-family rental homes: interest costs and depreciation.
- The interest deduction would be denied for loans tied to those rental homes, starting with new debt taken on after the law is enacted.
- The depreciation deduction would also be denied for those rental homes, starting with homes put into service after the law is enacted.
- There’s a carve-out when the owner sells a home to a person who will live in it as their main home, or sells to certain nonprofits focused on affordable housing.
- The bill tries to stop large investors from splitting into multiple businesses to dodge the 50-home threshold by treating related owners as one taxpayer.】【”】【initial_importance_score”:72,
Impact Analysis
Personal Impact
How this policy affects specific groups of people
Milestones
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
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Bipartisan bill aims to block big investors from buying single-family homes
Democrats Counter Trump With Their Own Plan to Limit Wall Street Landlords
Senate Democrats Push New Housing Investor Ban to Counter Trump's Proposal
Democrats counter Trump's proposal to limit institutional housing investors
Source Information
Document Type
Congressional Bill
Official Title
Stop Predatory Investing Act
Data Sources
Sponsor
Cosponsors
(12)Analysis generated by AI. Always verify with official sources.