Democratic lawmakers have introduced a bill in Congress that would restrict tax breaks for corporate investors who buy large quantities of homes. If passed, the Stop Predatory Investing Act would prohibit investors who acquire 50 or more single-family homes for rental purposes from deducting interest or depreciation on those properties. Sen. Sherrod Brown (D-Ohio), chair of […]
Author Archives: Kim Haas
Kimberley Haas is Editor of The Mortgage Note. She wrote this for InsideSources.
