S. 969In Committee
Stop Predatory Investing Act
Prohibits large owners of single-family residential rental properties from claiming federal interest and depreciation deductions for those properties, with exceptions for certain affordable housing, new construction, and qualifying sales
Plain-English overview
What this bill does
Prohibits large owners of single-family residential rental properties from claiming federal interest and depreciation deductions for those properties, with exceptions for certain affordable housing, new construction, and qualifying sales
Key points
- Prohibit interest deductions
- Prohibit depreciation deductions
- Allow deductions for LIHTC properties
- Allow deductions for qualifying sales
Current status
Where it stands
Status
In Committee
Latest action
2025-03-11 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedTaxation