dascpa
Level 11

I have debated this topic with over a hundred CPA's. I personally feel that the typical one residence, or the residence with a management company, or even a handful of residential rentals and even some small commercial rental properties do not qualify.  First off no one tracks hours and if they do it's rare.  Most people don't have a separate bank account, separate formal accounting and more.

But other tax preparers are very aggressive and take every rental property as QBI.  We all know by the time this is ever audited the laws will have changed but I sleep better at night knowing that I was "aggressive without being abusive". That's my philosophy.