Virgo@lemmy.worldOPtoLate Stage Capitalism@lemmygrad.ml•Senate dems take aim at investor home purchases
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1 year agoGoodnight forever
Goodnight forever
The Stop Predatory Investing Act, introduced by Sens. Sherrod Brown (D-Ohio), Ron Wyden (D-Oregon) and others, would restrict investors who purchase 50 or more single-family rentals from deducting interest or depreciation on those properties from their taxes.
Maybe it’s just a test like bernie’s proposal to tax a higher rate after 999 million annual income. No one makes that but why would they not pass that into law?