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Republican tax plan poised to benefit landlords
Jonathan? @Redwinej
Hey @USRepRodney that tax plan you voted to advance from committee, the one that eliminates SALT for people in New Jersey? Turns out it favors landlords over homeowners because landlords can still deduct SALT. You failed to stand up for us. @nj11forchange
Link to tweet
Republican tax plan poised to benefit landlords
The Republican tax plan could drive more rental demand.
Investors in single-family homes can write off all the expenses of owning and running a rental.
Fannie Mae and Freddie Mac allow up to 10 investor loans per person.
Diana Olick | @DianaOlick
Published 12:25 PM ET Tue, 12 Dec 2017 Updated 2:12 PM ET Tue, 12 Dec 2017 CNBC.com
Rental investors may come out ahead in the tax plan
4:05 PM ET Tue, 12 Dec 2017 | 01:18
While regular homeowners may be worrying that the Republican tax plan will raise their monthly costs, investors in single-family rental homes see the proposal as a potential boon to business.
In fact, just the prospect of the plan, which is still being negotiated on Capitol Hill, has more small investors rushing in.
