HR. 4352In Committee
HOMES Act
Prohibit large owners of single-family rental homes from claiming federal interest and depreciation deductions, with exceptions for certain affordable housing, new construction, and qualifying sales
Plain-English overview
What this bill does
Prohibit large owners of single-family rental homes from claiming federal interest and depreciation deductions, with exceptions for certain affordable housing, new construction, and qualifying sales
Key points
- Prohibit tax deductions
- Allow affordable housing exceptions
- Allow deductions for qualifying sales
Current status
Where it stands
Status
In Committee
Latest action
2025-07-10 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation