Hal_Al
Level 15

Investors & landlords

Q.  If the contractor has his own business, does that mean I don't need to worry about it?

A.  No.

 

Taxes are complicated.  You "don't need to worry about it", but not for that reason.  

 

I assume you have a residential rental unit and file Schedule E. That is, your rental activity is not a trade or business and it does not qualify for the QBI (qualified business income) deduction.