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What are the criteria for a Rental Activity to be considered QBI?

Forum|Forum|6 years ago
December 7, 2019
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Lacerte Tax

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Best answer by itonewbie

See Notice 2019-07 for details of the safe harbor:

https://www.irs.gov/pub/irs-drop/n-19-07.pdf

itonewbieAnswer

Level 15

See Notice 2019-07 for details of the safe harbor:

https://www.irs.gov/pub/irs-drop/n-19-07.pdf

---------------------------------------------------------------------------------Still an AllStar

Level 15

Here is an updated few pages from a wonderful 1 day UPDATE Seminar put on by Spidell. It may be helpful https://caltax.com/spidellweb/public/editorial/irc199a011819.pdf?utm_source=Real%20Magnet&utm_medium...

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Answers are easy. Questions are hard!