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Senate Democrats Target Private Equity's Housing Playbook With Bill To End Key Tax Breaks
Benzinga· 2026-02-26 20:13
Senate Democrats on Thursday introduced legislation that would strip private equity firms and other large corporate landlords of key real estate tax advantages, in a move that could materially reshape the economics of institutional housing portfolios.The American Homeownership Act would eliminate depreciation and mortgage interest deductions for private equity firms, hedge funds, private real estate investment trusts and large investment managers that buy up housing, according to a press release from the Un ...