Hello tax gurus - Me and my wife have income
1. over 600k(active employment)
2. have rental income(180k per year) due to 6 properties but still a net loss due to depreciation. 180k - depreciation of properties = loss
I also active participant in real estate and spend over 250 hours managing properties. Should I use QBI safe harbor for item 2 above in turbotax? Or should I even opt it is QBI for item 2 above in turbotax?
So doesn't seem to help much now for this year or for carry forward. Not sure doing above hurts. Help me with your suggestion.
