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Level 2
March 25, 2020
Question

Does sale of Sch E rental property qualify for 199A deduction . is it eligible for 199A

  • March 25, 2020
  • 4 replies
  • 26 views
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4 replies

sjrcpa
Level 15
March 25, 2020

If the activity rises to the level of a trade or business.

The more I know the more I don’t know.
Tom212Author
Level 2
March 25, 2020

retired, single lady who owns a Sch E rental property.  She collects the rents, gets maintenace people as needed.  It is not a business, except that she rents it and does a Sche E.   So does it qualify for the 199A

sjrcpa
Level 15
March 26, 2020

 Not for me to decide. It depends on the facts and circumstances. There are mountains of commentary on this. Start researching.

You didn't have any of these for 2018?

The more I know the more I don’t know.