Hello @RobertB4444 ,
I aggregate my 2 rentals for QBI purposes only (not for purposes of IRC section 469(c)(7)(A) ). I know that once we aggregate properties for QBI purposes they should remain aggregated, however, I sold one of the rentals.
I'm reporting my sale in my tax return but I am wondering if I need t do anything special regarding the QBI deduction as now it will only be one property. Not sure if I need to write a statement indicating there is no more aggregation for QBI purposes because I sold the property.
Thoughts?
Thank you!
