If you invest in an opportunity zone and hold for 10 years then your gains on the property will be tax free.

I'm seeing taxes that are much higher than the actual property tax percentage of Hillsborough County which I believe is is 1.09%. 

BC has a new tax (started a while back, but more areas are being added all the time). 

The Assessments levied by the Association shall be used exclusively for payment of Common Expenses including, without limitation (i) the upkeep, maintenance and improvement of the Common Areas and other maintenance obligations set forth in Sections 10.1 and 10.3 below; (ii) maintenance, repair, replacement, and operation of rights-of-way and easements within or immediately adjacent to the Project (e.g. landscaping and sidewalks within the right-of-way of adjoining streets) to the extent that such actions are required by government entities or deemed appropriate by the Board, (iii) promoting the recreation, health, safety and welfare of the Owners and other lawful occupants of Lots within the Property, (iv) payment of property taxes for the Common Area; (v) insurance premiums; (vi) legal and accounting fees; (vii) management fees; (viii) charges for utilities and other services provided to the Common Area by the Association, if any, and for all utility charges paid or incurred by the City and reimbursed by the Association for street lights in the Common Area; (ix) costs to maintain the entrance features, including any electricity, landscaping and irrigation expenses associated therewith; (x) the performance and exercise by the Association of its rights, duties and obligations under the Project Documents, and (xi) maintaining any Stormwater Control Facilities located on portions of Common Areas to the standard required by the governmental entity or agency having jurisdiction over such areas.

Correct no tax benefits. 

True, you eliminate residential tenants, BUT it is a real business with employees, taxes, etc etc etc.

Although it will be a business debt we cannot hit you with it until you have filed it on your taxes 12 months later.

Whenever someone has a situation requiring specialized real estate expertise and I recommend they retain a professional with the CRE designation as a consultant, they inevitably ignore my advice and instead hope to obtain “free” consultation.  

Up to 80% if FICO is over 780, no appraisal under $250k value.First Republic - CAFremont Bank- CAFrost Bank - TXFulton Bank, PA, NJGFA Federal Credit Union 10 yr draw, 10 yr repay, MA, NHGranite State CUNH 90-100%Great Lakes Credit UnionChicago area ILGTE FinancialTampa, Sarasota area FL w 2 yrs tax history on propertyHanscom FCU, TXHSBC 70%, for premier clients only.

If you plan to expand your portfolio, starting with a 4-plex might provide a stronger foundation for future investments.It's also worth consulting with a local real estate agent or financial advisor who specializes in investment properties to get personalized advice based on your financial situation and market conditions.Best of luck with your investment!