Carl
Level 15

Investors & landlords

@Anonymous_ assumes you are referring to the QBI deduction. If that's correct then it's not common for someone with less than 3 rental properties to qualify for the QBI deduction. I myself have 3 rental properties and don't come anywhere close to satisfying the requirements for this, even if I consolidate all 3 of my properties into a single enterprise.

If you are not referring to the QBI deduction, then let us know just what it is you are referring to. For example, if you have a property improvement that you paid less than $2,500 for, it may qualify to be a deductible expense under safe harbor de-minimus if certain specific criteria are met.