Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties sold within two years.

The End Predatory Home Flipping Act imposes a tax on the transfer of certain residential properties sold within two years of the prior conveyance. The tax rate is 65% of the difference between the current sales price and the sales price of the prior conveyance if the time since the prior conveyance is less than one year, and 50% if the time is one year or more. Certain properties are exempt from this tax, including those conveyed following the death of the property owner, new housing, and properties conveyed due to mortgage foreclosure.

Establishes the end predatory home flipping act; imposes a tax on the transfer of certain residential properties sold within two years.

The End Predatory Home Flipping Act imposes a tax on the transfer of certain residential properties sold within two years of the prior conveyance. The tax rate is 65% of the difference between the current sales price and the sales price of the prior conveyance if the time since the prior conveyance is less than one year, and 50% if the time is one year or more. Certain properties are exempt from this tax, including those conveyed following the death of the property owner, new housing, and properties conveyed due to mortgage foreclosure.