- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
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.
‎June 4, 2019
1:07 PM