Situation:
1. I have several rental properties (for over 3 years)
2. I own them myself (no business).
3. I have a management company that takes care of everything (which keep income/expense records per property AND spends at least 250 hours managing ALL the properties)
4. I assume i'm considered as "actively participating ..."
5. Income wise, i'm below the IRS threshold ... so technically , i qualify for QBI
6. I have never taken QBI deduction before
Question:
Am i qualified to take QBI ?
