I looked through the worksheets under different scenarios and its actually my QBI that keeps reducing as I add actual expenses to my rental property worksheet. Because I have a significant carryforward loss my net reportable income from the property is actually zero no matter if I include none or actual expenses. But apparently the QBI deduction is being calculated against my actual gain before the carryforward loss.
Not sure how to play it. Maybe I dont take the QBI - maybe I dont actually qualify for it.
