S. 2224 · 118th Congress

Stop Predatory Investing Act

Stage
In committee
Introduced
2023-07-11
Latest action
2024-04-18 · Committee on Banking, Housing, and Urban Affairs. Hearings held.

Summary

Stop Predatory Investing Act

This bill denies taxpayers owning 50 or more single family properties any tax deduction for interest paid or accrued in connection with any single family residential rental property. It also disallows depreciation of residential rental property owned by such taxpayers.