There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Allows a deductuon under the Internal Revenue Code of up to $1000 for expenses incurred by a taxpayer in making repairs and improvements in owner-occupied residential property. Eliminates the property depreciation allowance for nonowner occupied rental property if such property is maintained in violation of Federal, State, county or municipal housing codes or regulations and if the owner is convicted by an appropriate authority of violating such codes or regulations. (Amends 26 U.S.C. 218, 167(c))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Allows a deductuon under the Internal Revenue Code of up to $1000 for expenses incurred by a taxpayer in making repairs and improvements in owner-occupied residential property. Eliminates the property depreciation allowance for nonowner occupied rental property if such property is maintained in violation of Federal, State, county or municipal housing codes or regulations and if the owner is convicted by an appropriate authority of violating such codes or regulations. (Amends 26 U.S.C. 218, 167(c))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Allows a deductuon under the Internal Revenue Code of up to $1000 for expenses incurred by a taxpayer in making repairs and improvements in owner-occupied residential property. Eliminates the property depreciation allowance for nonowner occupied rental property if such property is maintained in violation of Federal, State, county or municipal housing codes or regulations and if the owner is convicted by an appropriate authority of violating such codes or regulations. (Amends 26 U.S.C. 218, 167(c))
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Allows a deductuon under the Internal Revenue Code of up to $1000 for expenses incurred by a taxpayer in making repairs and improvements in owner-occupied residential property. Eliminates the property depreciation allowance for nonowner occupied rental property if such property is maintained in violation of Federal, State, county or municipal housing codes or regulations and if the owner is convicted by an appropriate authority of violating such codes or regulations. (Amends 26 U.S.C. 218, 167(c))