MOBEE Posted February 17, 2019 Report Posted February 17, 2019 QBI confusion. Lots of info regarding rental income & QBI but no designation between commercial and residential rentals. I am thinking commercial rental with active participation would qualify for QBI???? But would residential rental also qualify? Quote
Edsel Posted February 19, 2019 Report Posted February 19, 2019 My Take: (actually it is what I've learned from others) The test for ANY rental is whether it is a business or not. commercial or residential. Suggest if there is single ownership and the owner is not spending 250 hours per year, it should NOT qualify under QBI. Quote
Lion EA Posted February 19, 2019 Report Posted February 19, 2019 The owner &/or his employees, agents, etc., together can add up to 250 hours for the safe harbor. Or, the rental must rise to the level of a trade or business... 4 Quote
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