Tax Break for Landlords - Disabled Tenants

[Jonathan Sexton]

Greetings,

I'm a total real estate investing newb. My wife and I are looking at our first multi-family rental property. The property already has tenants. One of the tenants is disabled. Are there tax breaks on your property for having disabled tenants? 

Cheers,

Jonathan

[Chinmay J.]

Originally posted by @Jonathan Sexton:

Greetings,

I'm a total real estate investing newb. My wife and I are looking at our first multi-family rental property. The property already has tenants. One of the tenants is disabled. Are there tax breaks on your property for having disabled tenants? 

Cheers,

Jonathan

Never heard of that. I'd be really surprised if any jurisdiction has a provision like that. What makes you think you qualify for a tax break for having a disabled tenant.  From public policy point of view, if anything they qualify for rental assistance, because they can't get up and go to work like all of us normal people do. LOL.. And if qualified, they do get rental assistance in form of Sec 8 vouchers.  You can charge market rate to Sec 8 tenants just like you do for normal tenants. So it's not like you are getting robbed or anything..  In fact, in most cases Housing Authorities will pay a little more than market rates.  Again, why you need a tax break?  LOL