Vermont H0607 mandates a 90-day waiting period for institutional real estate investors to purchase single- and two-family residences and eliminates.

Vermont H0607 introduces a 90-day waiting period for institutional real estate investors to purchase single- and two-family residences, requiring these properties to be listed for sale to the general public for at least 90 days. The waiting period restarts if the seller changes the asking price. The bill also eliminates tax deductions for depreciation and interest related to these properties for institutional real estate investors, with exceptions for certain interest deductions.

Vermont H0607 mandates a 90-day waiting period for institutional real estate investors to purchase single- and two-family residences and eliminates.

Vermont H0607 introduces a 90-day waiting period for institutional real estate investors to purchase single- and two-family residences, requiring these properties to be listed for sale to the general public for at least 90 days. The waiting period restarts if the seller changes the asking price. The bill also eliminates tax deductions for depreciation and interest related to these properties for institutional real estate investors, with exceptions for certain interest deductions.