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New rules for large property owners: end of tax breaks

This act aims to limit tax benefits for companies and individuals owning 50 or more single-family rental properties. These changes could impact the real estate market, potentially increasing the availability of homes for individual buyers and non-profit organizations, and affecting rental prices.
Key points
Companies and individuals owning 50 or more single-family rental properties will not be able to deduct interest on loans or depreciation for these properties.
Exceptions apply when properties are sold to individuals for use as their primary residence or to qualified non-profit organizations focused on affordable housing.
The goal is to discourage large investors from mass purchasing single-family homes, which may help stabilize housing market prices.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_969
Sponsor: Sen. Warnock, Raphael G. [D-GA]
Process start date: 2025-03-11
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Stop Predatory Investing Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_969.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-03-11.

What are the main provisions?

Key points include:

  • Companies and individuals owning 50 or more single-family rental properties will not be able to deduct interest on loans or depreciation for these properties.
  • Exceptions apply when properties are sold to individuals for use as their primary residence or to qualified non-profit organizations focused on affordable housing.
  • The goal is to discourage large investors from mass purchasing single-family homes, which may help stabilize housing market prices.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Warnock, Raphael G. [D-GA].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Taxes Real Estate Economy