@Carl wrote:
So if someone converts a residence to real estate in the middle of the year, the year that happens, the property cannot be part of the QBI deduction?
I can't seem to find anything that clarifies that. One way I interpret/understand it, is if you have any personal use, you don't qualify for QBI.
That is spelled out in the Revenue Procedure that @DianeW777 posted.
rp-19-38.pdf (irs.gov)
