@tianwaifeixian wrote:
Thank you! Just curious, if that is the case, why turbo tax still ask me whether rental qualifies as a trade or business question after I have already checked that I am a professional? Should it be automatically treated as Yes?
I suspect that question is for determining if you qualify for the "Qualified Business Income" (QBI) deduction. It is a separate tax provision, so the program doesn't automatically link the Real Estate Professional with that (and the rental can still be a Trade or Business even if a person is not a Real Estate Professional).
However, I can't think of why saying "yes" to QBI would INCREASE your tax. It should either lower it or keep it the same.
