Investors & landlords

Hi David, thanks.  I'm always uncomfortable guessing about how to handle a new policy.  Do you have any documentation to show this is the correct route to take?  Do you think it would be more of a red flag to not check the box that says my income qualifies for QBI even though it does qualify?  If I don't check that box it stops all the future questions.  I guess the whole thing confuses me.  Why is this even a question for people who are filing on a 1040 instead of a schedule C?  Ive never filed as having a schedule C business for my real estate.  Always just included all my profits/loss on Schedule E.  I have a whole separate career that is w-2 and that's why I choose the 1040.

 

If I do take the route your choose and put NA in the business and my SSN as the EIN, is that not setting off a red flag that I should have a schedule C? 

 

Sorry for all the questions but this is such a confusing new policy..