@rsanchez07660 wrote:
Rental properties when owned and managed by the same owner seem to meet the definition or requirements of Combined Businesses provided in Turbo Tax. Can someone please advise?
The source of the confusion is probably a result of the QBI deduction and the passive activity loss rules.
You can "aggregate" your rental properties (treat them as a single enterprise) for the purposes of Section 199A (the QBI deduction).
See Rev. Proc. 2019-38 - https://www.irs.gov/pub/irs-drop/rp-19-38.pdf
However, you cannot "group" (or aggregate) your rental properties to avoid the passive activity loss rules unless you qualify as a real estate professional and grouping them would allow you to meet one of the material participation tests.
See Treas. Reg. §1.469-9(g)(3) - https://bradfordtaxinstitute.com/Endnotes/Reg_1_469-9g3.pdf
