PatriciaV
Expert Alumni

Get your taxes done using TurboTax

Yes, it's important to consider the future effects of combining your properties this year. You may wish to set up a projection for the estimated income over the next five years and compare the total QBI deduction to what you would gain this year. If this year's deduction is significant, it may outweigh the total QBI over the next five years.

 

Although you can use TurboTax to create estimated returns (using current year tax rules), it may be easier to simply set up a spreadsheet for this analysis.

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