Stop Wall Street Landlords Act of 2022
Official title: To amend the Internal Revenue Code of 1986 to disallow the deduction of certain expenses relating to ownership of single-family homes by specified large invest… Show full official titleShow less
Official title: To amend the Internal Revenue Code of 1986 to disallow the deduction of certain expenses relating to ownership of single-family homes by specified large investors, to impose an excise tax on the sale of such homes by such investors, to establish the neighborhood homes tax credit, and to prohibit Federal mortgage assistance relating to certain large investors.
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Referred to the Committee on Ways and Means, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Stop Wall Street Landlords Act of 2022
This bill denies certain tax and other benefits to large investors whose assets exceed $100 million in a taxable year for investment in single-family housing (i.e., real property including at least one dwelling unit and not more than four units). It denies such investors a tax deduction for interest paid on a single-family home mortgage, for insuring such homes, and for the depreciation of such homes.
The bill imposes an excise tax on the sale or transfer of a single-family home by a large investor equal to the price of such home. It allows a tax credit for home sellers equal to the lesser of either the excess of reasonable development costs paid over the sale price, or 35% of the lesser of eligible development costs paid by the taxpayer, or 80% of the national median sale price for homes.
The bill prohibits large investors from obtaining certain federal mortgage assistance.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 9246: Stop Wall Street Landlords Act of 2022. 117th Congress. Open America. https://openamerica.io/bill/117-HR-9246/
"H.R. 9246: Stop Wall Street Landlords Act of 2022." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-HR-9246/.
H.R. 9246, 117th Cong. (2026), https://openamerica.io/bill/117-HR-9246/.
[H.R. 9246: Stop Wall Street Landlords Act of 2022](https://openamerica.io/bill/117-HR-9246/)