Not sure how complicated your situation is, it is easy to miss necessary elections in order to claim appropriate deductions.

SO many are making SEC 8 more complicated than it needs to be.

That's how many of the larger complexes get funding to buy and rehab buildings,, that the normal small investor can not afford.Section 8 like other government programs has difficult aspects to it to manage, the people on section 8 are like a bushel of apples, some good some rotten to the core, and when mixed together the entire bushel tends to go rotten if the rotten apples aren't tossed out of the bushel.LOTS of paperwork and inspections and the inspectors are just as complicated as the tenants sometimes.

Real auctions are so NOT for new investors or most investors or any outside the window looking in. wow that one I have not heard but I am not keen on East coast foreclosures I like Ohio OK and IN  but PA NJ NC  those states are just way to complicated for me..

In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

I've done a lot of research and doesn't seem too complicated to set up.

If you were bullish on the area and planned on having 3 or 4, then management would make sense, but buying a first property far away only to have some random company manage it, and add on MTR which is not as complicated as STR, but still more uptake is a tall order.

This can be complicated, especially if some unit owners are underwater on their mortgages.

Sometimes, keeping things simple is better than making moves that are more complicated.

In 2024, it is 60%.You may also have an option of applying a different method (Section 179) that can give you 100% on some of the cost segregated components, but this has its own drawbacks and complications, so it needs to be discussed with your accountant beforehand.Also, have your accountant estimate your potential tax savings before ordering cost seg.