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Investors & landlords
No. You are not required to claim QBI every year. I myself have 3 rentals also, and I don't come anywhere close to the 250 hours of being directly involved in the management of all three properties combined. I also find it not worth the effort to keep the detailed records required for the QBI deduction, even though I am directly involved in the management and all management decisions.
‎April 20, 2022
3:01 PM
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