Hello everyone!New here to the forum and I am currently looking to invest in Ohio for the purpose of providing section 8 housing.  I have about 1$110K to invest, and I am looking to invest in the next few months.  Any...

I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!

Then there’s this glorious tax season where you realize how many things you get to deduct that others can’t, while sheltering your income with depreciation, and earning tax free income with appreciation.

There are some zip codes where you can indeed get above market rent with S8 (even after deducting utility allowance), but some where they are lower.

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I the understand the wiring for this specific purpose equipment can be considered with the tangible property. 

Also why are you deducting 50% for expenses? 

I’m looking for a tax pro that will assist with understanding and maximizing deductions and business expenses, but also guide me through the cost segregation and accelerated depreciation process. 

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

The deduction is optimized as values increase and can potentially offset the entire net investment (including down payment) for high wage earners.