And if so, what are the benefits of section 8 if the only guarantee is the direct deposit and yearly inspection?

I think everyone can benefit from both BP and Thach. 

Pooling resources with others is one way to increase your buying power (and potential returns) and is something I am seeing more and more of in my day to day given the mutual tax benefits that can be shared and the high price to entry for housing rn. 

Specifically, I’m trying to understand:Tax Loopholes for Foreign Properties:  - Do the same STR tax benefits (such as accelerated depreciation) apply to properties located outside the U.S.? 

I'll check back in a week  to see if any additional benefits have been unlocked.

The investments going into the community are strong and a large section of it is in an opportunity zone which has some added tax benefits.

My priorities are cash flow and tax benefits, and I’m looking at purchasing a 2/2 that fits up to 10 and is along a body of water.

I recently learned that if you owner occupy a residence for part of the 5 previous years before sale, and you rent it for the remaining time, you can calculate the percentage of time the property was owner-occupied (and thus qualifies for the sec. 121 primary sales tax exemption of up to $250k for single filers) vs the time it was being rented (which qualifies for 1031 exchange) and claim both benefits. https://hcsequity.com/blog/combining-1031-exchange-with-121-....How does this work for a multi-family?

I’m particularly interested in off-market opportunities and would appreciate working with someone who knows the area well.The purchase will be under my name, but I’d love to take advantage of any benefits tied to my daughter’s first-time buyer status, especially considering her limited credit and assets.

The reality is messy and it's a muddled combination of all three.I had the huge benefit to start in 2008, not sure if I could pull it off again in today's market.