Where members take time out of their busy days, caring enough to share information with each other, to praise or warn, fellow members about the products and services that this site provides direct access to for "peace of mind."

A duplex typically won't generate enough income - even with fully rented at market rate and both tenants pay on time.Anyway, when the bathtub floods and the ceiling falls down and the furnace breaks in winter (AC in summer) just remember some guy online warned you. 

I only mention it to warn you that there're MORE restrictions than just the "passive activity loss" rules that you must have heard of.One very important concept to remember, and a beneficial one, for a change: restricted (the IRS calls them "disallowed" or "suspended") losses are NOT WASTED.

@Tom DeMuri saw your other post about property taxes - why didn't your PMC warn you?

For your first property, I'd suggest either a turnkey single family or a light cosmetic value add property (paint, lighting, bathroom updates and MAYBE kitchen updates) that a property manager can help you get turned, and on the rental market.

I've been watching and lightly researching this company called Neighborhood Ventures in Phoenix area (Tempe) that has a few crowdfunding projects. 

I actually received a call yesterday from another DST firm warning me about this just in case we have clients in it (we don't).They believe that firm as a whole might be dropping distributions on ALL DSTs to 0% and may be closing doors.

:warning: Beware of scams: Only use the official Coinbase Customer Support Number listed on coinbase.com.

:warning: Beware of scams: Only use the official Coinbase Customer Support Number listed on coinbase.com.

Hey @Graham Kim,I’d recommend going move-in ready or with light cosmetic rehab for your first deal.