@rand90210 wrote:Under this scenario, what type of conditions would a rental property need to meet to feel comfortable taking the QBI without safe harbor?
In my opinion, there is no "comfortable" point unless the circumstances EXCEED the Safe Harbor limits.
I think MOST tax professionals lean towards it qualifying without the Safe Harbor. Personally, I don't. If the IRS Safe Harbor requires 250 hours (and other things) to be "safe" that means less than 250 hours is potentially 'un-safe'.
Don't misunderstand me; you certainly CAN qualify for QBI when it is under 250 hours. But in my opinion, the farther you are away from 250 hours, the less 'safe' it becomes.
