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Investors & landlords
Does it have anything to do with QBI?
Is this QBI?
In general, if rental or royalty is based in the US and carried on with regularity, continuity, and a profit motive, then income from this activity is considered QBI.
Our rentals are based in the US, we run them for profit and had them, some of them, for 5 years. What am I missing? I figure, if it is marked as QBI then sure, TT will ask for business name, as it does 2 pages down the road from that question?
March 7, 2021
9:28 AM