The co-ownership may not [...] conduct business under a common name, execute an agreement identifying any or all of the co-owners as partners, shareholders, or members of a business entity, or otherwise hold itself out as a partnership or other form of business entity (nor may the co-owners hold themselves out as partners, shareholders, or members of a business entity).Hoping to use TIC as a legal way to pool funds without getting into the web of SEC regulations and attempt to keep tax reporting clean. 

Greetings, I am hoping to connect with someone who is familiar with the Housing Choice (Section 8) landscape in Jacksonville and has experience working with the housing authority in Jacksonville.

Are you prepared to lose money?

Live it in for a year and repeat the process, buy another duplex, hopefully with the same program if it still exists a year down the line.  

How much is just fear mongering with the hope of influencing people to steer them to your line of product? 

Jim, You need to get with a qualified CPA to go over the tax rules, hopefully, someone on BP will chime in as well.

Hopefully this doesn't sound more complex than I need it to be.

Hope this is helpful & all the best to you! 

Now, you won't get the other real estate benefits in a passive investment, but you have less risk exposure also.Anyway, hopefully this gives you a clearer idea of your situation.

I hope you find the perfect match soon.Best of luck,Julio