GodFather
Level 8
04-03-2022
01:47 PM
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I've researched the ability for rental real estate to qualify for QBI. From what I've seen, the casual land lord is not necessarily eligible to claim the QBI deduction. Is that understanding correct? There are requirements such as separate books, time spent on rental services, documenting the hours and services spent. Can anyone chime in on how they handle the landlord who has two or three properties they rent. Assuming they keep adequate records.
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