Dividends as LLC business income

[jl3757]

If I have a brokerage account for my LLC and I have assets that pay dividends, does this count as active revenue which I can deduct business expenses from or does it count as passive personal income?  Does it make a difference whether the dividend income is qualified from stock holdings or does it count towards qualified business income if the dividends come from REITS?

Thanks!

[Anonymous_ · Accepted solution]

REIT dividends are eligible for the QBI deduction.

See https://www.cpajournal.com/2019/11/13/the-new-qualified-business-income-deduction/

Dividends (qualified or not) from stock holdings are portfolio income (not passive income); they are not active (business) revenue.