there has been a lot of talk in the industry about building multi generational housing..

You will then use the K-1 generated to prepare your tax return. 

Strategies that are more inclined to generate wealth tend to be overlooked. 

The income approach might also be used, evaluating the potential rental income the ADU could generate.

In my area, most illegals live in trashed-out rentals with multi-generational family members or co-workers, so I doubt the housing market will be greatly impacted, at least not in my region.  

This development, spanning nearly 6 square miles, promises to create thousands of jobs, generate economic activity, and transform the local economy.

And any investor that is spending more time trying to figure out whether this "strategy" works or not as opposed to focusing on revenue-generating activities, really needs to look at their priorities. 

Interest Income: The interest income generated from owner financing is considered passive income and is not subject to UBTI (Unrelated Business Taxable Income).3.

I evaluate the performance of every income generating property that I own. 

A vetted turnkey provider offers a hands-off approach, with properties likely to break even or generate modest cash flow, spreading risk across multiple doors.