Amends the Internal Revenue Code to provide that the limitations placed on tax deductions for the business or rental use of a home shall not apply to rentals under shared equity financing arrangements.
Defines "shared equity financing agreement" for purposes of this Act.
Other Measure H.R.4961 Forwarded by Subcommittee to Full Committee in Lieu.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Select Revenue Measures.
Subcommittee Hearings Held.
For Further Action See H.R.4908.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line