I would be very cautious on the rental property-I am not convinced that rental property will not qualify for the new deduction-borrowing from Hedge Fund land -trader vs investor-it is not defined in the code and as alluded to previously trade or business under 162 goes to case law-in financial services one of the items to determine a trader-which is a better tax position (deductions not subject to AGI 2% limitation)-is regular and continuous activity-lots of trading-turning over portfolio multiple times a yearIn Real Estate World-if someone owns 6 or 7 houses and is always involved-think tenants, busted pipes, collection of rent, evictions when necessary-can you say that does not rise to the level of a trade or business-why is a grocery store any differentI have looked around and I don't see any major commentators saying rental wont qualify unless common ownership (I did see the verbiage in the proposed reg and I think there is a different reason that was put it-something about aggregating rental with non-rental activity)Bottom Line-all I am saying is lets wait and see as comments are submitted to Treasury and not rule anything in or out as far as rental properties are concerned 

I know Treasury is still kicking around the treatment of REITs held by upper tier entities and the possible pass through of 199A benefits (kind of the opposite of what you are trying to address).

Treasury Regulation §1.469-2T specifically addresses the treatment of gain from the disposition of a passive activity.Anyone have experience with this topic? 

Treasury Department.

You could easily outperform PMI with investing that extra 15% in a US treasury bond. 

If you ask any tax CPA what reference material contains the highest level of authority, 95% will most likely tell you the Internal Revenue Code, followed closely by Treasury Regulations. 

If you are looking to place cash, right now short term treasury bills are yielding 5.4% roughly and some Money Market accounts are paying in the 5% neighborhood.

Although this provision and the new interest limitation under section 163(j) are both high priority for treasury to issue guidance, which is not expected until next year.IRC Section 199A(b)(1)(B) includes 20% of Qualified REIT Dividends - a defined term, which excludes section 857(b)(3) capital gain dividends and section 1(h)(11) qualified dividends - in the definition of “combined qualified business income amount”.

As of 9:04am Eastern Time, the 10-Year Treasury, the rate that drives most mortgage rates, is up another 1.46%.

Perhaps mutual funds or treasuries which are far "safer" is what you should be considering.