The SHARE Act amends tax law to exclude certain income from shared appreciation mortgages from federal taxation. Under this bill, lenders who receive payments exceeding the original loan amount from shared appreciation mortgages would not owe federal income taxes on those excess proceeds, provided the borrower's income did not exceed 140 percent of the area median income when the loan was issued and the property is the borrower's primary residence. The bill defines eligible shared appreciation mortgages as second liens on single-family to four-family residential properties that do not exceed 49 percent of the property's purchase price and require no payments beyond the lender's share of the property's appreciation. The tax exclusion applies to amounts received after December 31, 2025, and the legislation was introduced in March 2026 with bipartisan support.
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