jbsocal
New Member

Investors & landlords

Ok, we're close. I agree that claiming the QBI deduction is stating it's a trade or business. The IRS offers trade or business status to an activity with at least 250 hours performed. I believe it would be very difficult for the IRS to overcome a trade or business claim by someone putting in that amount of time without the Safe Harbor but, as you say, it's possible. Good communicating with you.