One downside of primarily investing rental in Bay Area is cash flow. Your cash flow is low to negative and because of the depreciation, you don’t normally have to pay tax on your low cash flow.
With new Qualified Business Income (20% off on net investment income), I felt like it is a waste of opportunity not to utilize it. I am wondering on whether it is time to mix in more cash flow properties to take advantage of this. What are you tricks on making use of this QBI opportunities?