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

[itonewbie · Accepted solution]

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

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

[George4Tacks]

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...

Even if you do not do California returns, sign up for the Flash E-mail from Spidell https://www.caltax.com/news/flash-email/ look to the right to subscribe.

You would have seen the post by ItoNewbie, if you were signed up for IRS notices. https://www.irs.gov/newsroom/e-news-subscriptions offers many regular e-mail notices that will impact us through the year. Sign up for all that might impact your practice.