As ColeenD3 states, you can say it is not a trade or business. This applies if you have Self Employment income or Rental income.
In some cases, your portfolio income can come in under the QBI or Section 199A deduction. QBI can come into your return on 1099DIVs and Schedule K1s, to name just a couple.
If you have a QBI amount that you are not sure of, I would check box 5 of your 1099DIVs first. These are called Section 199A dividends which is another fancy way of saying QBI. If you have Schedule K1s, I would check those as well, most likely under Box 13 if it is a Partners K1 or Box 12 is a Subchapter S K1.
You can read more about Section 199A/QBI deductions here and here.
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