Do you think this change could reduce the demand for section 8 housing?

If you take full advantage tax-wise of owning the property (depreciation, expense write-offs, etc.) the small negative cash flow may actually turn out to be positive when it comes to reducing your personal income tax. 

I'm definitely looking to invest more but I'm looking to reduce my taxes and figure out how to qualify for REPS.

For a TLIF, I intend to let the tenant know these are coming and also offer some reduced rent during those times, so as to make it more palatable for them.

And simply rolling your money into another property doesn’t eliminate taxes—if you want to defer or reduce them, you’d need a tool like a 1031 exchange, an Opportunity Zone investment, or an installment sale.

This transaction reduced the client’s mortgage payment by approximately $1,700 per month, with an additional $360 per month in savings from the new insurance policy—totaling more than $2,000 in monthly savings.

If you are willing to explore those drastic changes - sure, an experienced tax professional like myself and my colleagues on this forum can help.But if you're hoping that somebody will teach you "secrets" of how to reduce your taxes in your CURRENT (W2/LTR) situation - there're none, outside of general tax planning like maximizing your retirement contributions etc.

Because you’re a high-income W-2 earner, depreciation (including cost segregation) usually won’t reduce your wages directly.

Also, understanding local regulations, vacancy trends, and Section 8 or other tenant programs can help reduce risk and improve cash flow.

But lowering rates too soon risks stoking inflation further.On top of that, the Fed has tools like quantitative tightening, (QT), which can theoretically work in opposite directions: cutting short-term rates vs. reducing liquidity via balance sheet shrinkage.Inflation high: pressure to keep rates up; economy softening: pressure to ease rates.