Quote from @Benjamin Carver: @Robert Ellis curious on your anticipated building cost for that We changed this to a cantilevered front patio plus vaulted 12/12 parallel chord trusses.

Because they are §1231 losses they can offset ordinary income, which is better than a normal cap loss use of only $3,000 if married.  

It is located in the backyard and is raised on the deck/patio area.

Do not take any "out of the ordinary" properties.

I am not your ordinary, dull lecturer.

And then get ready to pay ordinary income (higher) tax on the sale even than long term capital gains.

I need to replace broken vertical blinds in a rental.  Any recommendations of style/vendor?  I was going to replace with new verticals blinds but am now thinking a curtain rod would be cheaper or panel blinds would be...

Short term capital gains is your ordinary income tax rate and long-term capital gains where you hold the property a year or longer is considered long-term capital gains is in as taxed a lower rate.  

It also comes with a 3 car garage and a couple of usable patio/decks for the upper units.

I have a specific dollar amount that I keep in there for ordinary repairs, emergencies, or capex.