Hi Carl, that is a great detail, thank you.
I also have two separate rental properties. Since I qualify for QBI separately *this* year, and it's the first year I'll be using QBI on either one, I would lean towards not using the election to combine them as a single enterprise. However, what if in some later year one or the other will not qualify unless they are combined together.
I understand from your response that once you elect to combine two properties, you cannot choose to file separately in the following years, but can you do the reverse: file separately for one or more years and then combine them at some later time?
Obviously I will carefully read the QBI info, but curious if you know this offhand. Thanks very much!
