Depending on how you use the property, you may benefit from a cost segregation study and bonus depreciation once the property is in service. 

However, there are still plenty of tax benefits when it comes the income you generate from your multi-family property that you can deduct from. 

It will familiarize you with the basic terminology and benefits.

Keep in mind that strict rules apply, such as avoiding self-dealing, prohibited transactions, and personally benefiting from the property.If you’re not looking to involve your IRA directly in the property purchase, you could explore other creative financing strategies outside of your retirement account.

Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.

I am using the tax benefit along with the principal pay down and appreciation to offset.

Half would be business, other half the primary benefit.

Be sure to check and see if there’s any tax benefits to you from buying from the non-profit.

Real estate syndication investing is still quite valuable as it can offer higher Returns than investing in public REITs but not as high returns as direct ownership and management of real estate by some experienced people, but with the benefit of being far more passive, than direct ownership/management. 

I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.