The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Your best route might be to buy a 2 to 4 unit property that you can live in and rent out the additional apartments.

We’ll continue to monitor the data as it comes in and keep our clients informed as the market evolves.Stay tuned for more updates as we continue to analyze the latest trends. 

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when I informed the tax lien purchaser that he did not purchase the house, only the tennis court lot, he did not believe me.  

This in turn can open up what homes you can buy since the numbers will make more sense when putting 3-5% down instead of 20%. 

@Phillip Austin someone who obviously should not rent but buy themselves a brand new house. what was their previous place?  

It is much more difficult to sell an entire portfolio that has become uninsurable (which would require a cash only sale) or that insurance rates are so high that no one wants to buy. 

There are many many threads in these forums about it, some of the information may be a bit dated, but the general idea is the same.