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Main Subject: Taxation

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.

Senate Actions

Committee
Apr. 18 2024	Committee on Banking, Housing, and Urban Affairs. Hearings held.

IntroReferral
Jul. 11 2023	Read twice and referred to the Committee on Finance.

Library of Congress Actions

IntroReferral
Jul. 11 2023	Introduced in Senate

Senate bill S2224-118

Stop Predatory Investing Act

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