PrinceKevin
Returning Member

Deductions & credits

  1. If you rent your property under a “net-net-net” lease where the tenant pays for all expenses (other than the note on the building), then you do not qualify for QBI.
  2. If you rent your property to a business you own at least 50% of, then you do qualify for QBI (except for SSTB’s defined below). So a building you own that collects rent from a restaurant you own qualifies for QBI (even if it is a “net-net-net” lease).

I do NOT own a percentage of the business.   I only own a percentage of the property.    Could you confirm that I should get the QBI?