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HomeForumsTax, SDIRAs & Cost SegregationProposed legislation that affects real estate
Bill O'Donnell's profile image
Bill O'Donnell's profile image
Bill O'Donnell
  • Rental Property Investor
  • from Newburgh, NY
  • Member since Feb 7, 2018
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160
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Bill O'Donnell's profile image
Bill O'Donnell's profile image
Bill O'Donnell
  • Rental Property Investor
  • from Newburgh, NY
  • Member since Feb 7, 2018
Connect
Bill O'Donnell
  • Rental Property Investor
  • Newburgh, NY
117
Votes |
160
Posts
Tax, SDIRAs & Cost Segregation

Proposed legislation that affects real estate

Bill O'Donnell
  • Rental Property Investor
  • Newburgh, NY
Posted Apr 18 2020, 16:05

https://omar.house.gov/media/press-releases/rep-ilhan-omar-introduces-bill-cancel-all-rent-and-mortgage-payments-during?fbclid=IwAR1G3Hdu5MOl8_MelVLYoTxMF2IkK5sO0N6ajxefuE1UjGZ4bmwP6f74SR8

Has anyone seen this proposed legislation by the squad? I'm furious at the very idea that the federal government would even consider putting all lease contracts to the side, and give away the use of private property.

Hopefully it won't happen, but it upsets me that it is even possible...

If you have information on this topic, please share.

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