For individuals that qualify for this, they can use their rental property losses to offset their active income.

A Beneficial Owner is an individual who either directly or indirectly owns or controls a company.

You have not done real estate deals in the past as a group or also individually?

Actually it looks like it is by each individual housing authority if they will participate.Hate to say this, but it is going to be like finding a needle in a haystack.....borrower will need to find a lender that will do it. 

I like that you’re driven and really want to surround myself with likeminded individuals. 

I tried reasoning with that individual as well but similar to you, seems adamant this strategy works.

For example, in 2024, as a single individual, you make less than $146,000 MAGI, you can make a full contribution to the Roth, $230,000 if married filing a joint return.

There are tons of valuable posts, learning materials, and great individuals here on Biggerposckets- so this is already a good start.

As a landlord, I've great respect this individual and have treated him very well.

And many more...Look forward to hearing back and hopefully meeting some like-minded individuals to bounce ideas off of!