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Level 1
December 7, 2019
Solved

If not a real estate professional, does the rental property still count for QBI deduction?

  • December 7, 2019
  • 1 reply
  • 13 views
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Best answer by itonewbie

Question is whether the rental rises to the level of a §162 ToB.  If not, it may still qualify if it meets the conditions for safe harbor under Notice 2019-07.

1 reply

itonewbie
itonewbieAnswer
Level 15
December 7, 2019

Question is whether the rental rises to the level of a §162 ToB.  If not, it may still qualify if it meets the conditions for safe harbor under Notice 2019-07.

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