I don't agree with many parts of this proposed legislation.

Long term, if legislation changes, they can turn them into regular rentals or exit with the appreciation they've built.I would love to help you find a property that fits your needs.

This loophole is being widely exploited, officials said, and measures to crack down on this creative tax planning will be included in future legislation, but will be retroactively applied as of today's date."

While Congress enacts taxation legislation, the IRS writes enforcement and criteria.  

If you message me I can send you the contact information for an attorney in Mpls who partnered to write the MNvest legislation. 

I believe Alabama has just passed some more legislation that makes it harder for Agents to pass on off market deals to buyers.

@Deanna McCormick  A single mom with three young kids are a protected class under Fair Housing legislation.

Which is virtually all it has been to date, as far as I can tell.I don't care to wager the likelihood of his proposal actually seeing the light of day, as I don't believe our legislative branch has even begun to take this on.

If the govt can't institute basic reforms that would clearly benefit the country and provide protection for investors, and at the rate ANY legislation is going...it'd have to be an extremely solid deal with extremely trusted local partners to make it worth considering!

So as part of Ontario's Fair Housing Plan, they stated that they would be introducing standardized leases: The government will introduce legislation that would, if passed, strengthen the Residential Tenancies Act to further protect tenants and ensure predictability for landlords.