November 27, 2024

JF3737: Demystifying LIHTC Properties: The Hidden Opportunities in Low-Income Housing Tax Credits ft. Mikhail Kaufman

 

 

In this episode, host Slocomb Reed interviews Mikhail Kaufman, COO of Kraft Capital Investments, who specializes in LIHTC (Low Income Housing Tax Credit) multifamily properties in the Dallas-Fort Worth area. Kaufman shares his expertise in managing these specialized properties, explaining how LIHTC deals require unique operational knowledge due to income restrictions and compliance requirements, but can offer better returns due to less competition from buyers. He details how his team creates value through operational efficiency, leveraging housing subsidies, and potentially repositioning properties once tax credit restrictions expire. Kaufman emphasizes that staffing remains his biggest challenge, particularly finding and retaining qualified maintenance personnel, and stresses the importance of hands-on management and building strong relationships with employees.

Mikhail Kaufman | Real Estate Background

  • Chief Operating Officer - Craft Capital Consulting
  • Based in: McKinney, Texas

 

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