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S 971119th CongressIntroduced
Chesapeake Bay Conservation Acceleration Act of 2025
Introduced: Oct 29, 2025
Standard Summary
Comprehensive overview in 1-2 paragraphs
Denies federal income tax deductions for interest and depreciation on single-family rental properties for owners with 50+ properties.
Key Points
- 1Disallows interest deductions for disqualified single-family property owners
- 2Prohibits depreciation deductions for large-scale residential rental owners
- 3Defines threshold as 50 or more single-family residential rental properties
- 4Includes exceptions for sales to owner-occupants or qualified nonprofits
- 5Applies aggregation rules for related parties and controlled groups
- 6Excludes properties eligible for low-income housing tax credits
Impact Areas
Real estate investmentTax policyAffordable housingLarge-scale property ownersCommunity development
Generated by kwaipilot/kat-coder-pro:free on Nov 19, 2025