In TurboTax, it just simply says that "if rental or royalty activity is based in the U.S. and carried on with regularity, continuity and a profit motive, then income from this activity is considered QBI", after I clicked 'Yes, this income is QBI', TurboxTax applied 20% deduction on my rental income.
However, according to the Notice 2019-07 119A, to qualify the 20% QBI on rental income, landlords must also be at least 250 hours of total documented 'rental services' activity performed, Turbotax never mentioned about it or alerted me on these 250 hours. Is TurboTax doing it right?
