The House today by a vote of 216 to 212 approved the Senate’s 2018 budget resolution, effectively clearing the way for Congress to continue working on tax reform. Today’s action will allow a tax reform bill to pass through the Senate with a simple majority vote, rather than a 60-member majority. The House is expected to release draft language of the bill next week.
Treasury proposes rule to bar large institutional investment in single-family homes
A large institutional investor is defined as an investor that has direct or indirect control over at least 350 homes. Penalties for violating the law can range from $1 million to three times the purchase price of the...








