Running26
Level 3
04-28-2023
01:14 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Client owns an office building through his LLC and collects rents from his business (50% of rents) and two other tenants who combine to pay the other 50 % of monthly rents.
Is this rental still considered a self-rental when he is not the sole tenant? The handling of this effects passive losses, net investment income tax and the QBI deduction.
Can you help me here?
Best Answer Click here
Labels