Investing in Single Room Occupancy (SRO) housing can have a variety of tax implications depending on the type of investment. For example, if you are investing in a new construction or reconstruction of SRO units, you may be eligible for tax credits or deductions. Additionally, if you are investing in an acquisition or rehabilitation of SRO units, you may be eligible for tax deductions for certain expenses related to the project. It is important to consult with a tax professional to determine the specific tax implications of investing in SRO housing.