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Florida Homeowners Call It Quits: Selling Hurricane-Damaged Homes to “Quick Buy” & “As Is” Vultures
(lakelandgazette.info)
A community for discussing and documenting the second great housing bubble.
I don't trust anyone who spells favorable with a 'u' when it comes to US anything, let alone tax code.
You don't need to trust anything, IRC is posted online for anyone who cares to read it.
Also, preferential treatment of real estate investments is pretty commonly know fact in the US.
A simple example is something like a REIT, which are an investment vehicle used to own a lot of mutli family properties within US. These can be listed on an exchange too
This is just one example;)