Investors & landlords

Thank you for the reply.

 

So, if I understand correctly, the QBI for both business must be treated as a whole.  Then, if that sum is negative, then at that point, the option to carry forward the negative QBI becomes available.  Correct?

 

Also, this may sound like a silly question, but if one of the two business has a negative income (loss), is there an option to NOT include it in the QBI calculations?  Since, the whole point of QBI is to have a deduction?

 

@AliciaP1