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Farmgirl123
Level 3

QBID Trust deduction

In a simple testamentary trust, the trustee is also a beneficiary.  The trustee rents and farms the land.   Rent is below Fair market rent.   Would this be considered a self rental.  All beneficiaries and trustees are related.

Would the Trust qualify for a QBID deduction?  

 

Thank you!!

posted
‎May 19, 2024 11:00 AM
last updated ‎May 19, 2024 11:00 AM
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