Don't trap yourself into a job. 

A trap I see for many is starting with education and never moving past that.

If the election is made, the term "section 179 property" will include any qualified real property which is: • Qualified improvement property as described in section 168(e)(6), and • Any of the following improvements to nonresidential real property placed in service after the date the nonresidential real property was first placed in service. 1.

Maybe someone else here with experience in section 8 can offer some advice or leads on where to find more information. 

I don't have fancy clothes or any of the other trappings of wealth, however I do not keep it a secret from my fiancée or family my income or wealth.

Anything we would buy to give us more room would likely be something undervalued so that we don't find ourselves in the same trap a lot of Americans do, as you stated. 

This one could be a booby trap.

But I'm not sure what it would accomplish and this could in fact lead to a tax trap later on. 

I fell into the trap so many people fall into who never end up becoming successful, and that's the fear of failing and it keeping me from taking steps towards my goals.

EldredBuild A Rental Property Empire by Mark FergusonThe ABC's of Real Estate Investing by Ken McElroy What Every Real Estate Investor Needs To Know About Cash Flow by Frank GallinelliFinding and Funding Great Deals by Anson YoungInvesting In Real Estate with No(and low) Money Down by Brandon TurnerThe Book On Managing Rental Properties by Brandon TurnerLong Distance Real Estate Investing by David GreeneTips & Traps for Negotiating Real Estate by Robert ErwinHow To Win In Commercial Real Estate Investing by R.