I understand the comments and replies are not labeled with a proper name (?) The reply I got above, was amazingly clear, regarding “safe harbor” . I am also confused with the QBI and “Safe harbor” ARE THEY RELATED? or… are they separate deduction tools? I don’t quite see any deduction pointing at the “S H” but the QBI gives a form 8995 which is very clear and etc. where the “SH” gives a page saying you elected taking the “SH” but no figures are included in it or no form detailing the amounts including in it , for electing it. Also at one point (I am doing late filings for specific circumstances) while working on the 2018, at running my printouts for filing, I see the “SH” generates som under penalty of perjury, or the likes, statement to be signed and attached to the filing pages. I don’t find this helping as I didn’t see a form for related deductions to “SH". or is it just allowing you to deduct the asset (an electrical range hood, 40 gal water heater and laminated floor to eliminate carpeting in 2 bdrms) all these 100% for use in the 66% of the rental portion in a property I rent and live in, not any of that for my living unit. At all this, I don’t know IF, for a 3 Unit property, rent 2 and live in 1, and full participation in its management and etc, I qualify for QBI. Long reply, but needed to. thank you.
