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Updated over 1 year ago on . Most recent reply

Maddy Lakshmanan's profile image
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Maddy Lakshmanan
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Maddy Lakshmanan's profile image
Maddy Lakshmanan's profile image
Maddy Lakshmanan
  • Member since Sep 26, 2022
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Maddy Lakshmanan
4
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27
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Buying & Selling Real Estate

Section 8 landlord

Maddy Lakshmanan
Posted

considering to buy a sectiom 8 rental townhome.

Is it worth to become a section 8 landlord? What are some of the challenges someone dealt with .

Can you kindly share ? 

Phoenix, Arizona
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Slade S.'s profile image
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Slade S.
  • Rental Property Investor
  • Member since Mar 2, 2021
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Slade S.'s profile image
Slade S.'s profile image
Slade S.
  • Rental Property Investor
  • Member since Mar 2, 2021
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Slade S.
  • Rental Property Investor
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Slade S.
  • Rental Property Investor
Replied
Quote from @Tiffany Colvert:

I've owned two properties where I have accepted section 8 - the good is that the government pays on time- guaranteed rent. Plus there are tax benefits and you truly help people who need it. The bad... there is additional paperwork and some extra oversight for property maintenance.


 What are the tax benefits?

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