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mdspang7
New Member

Does a 2 Family rental property with one unit rented and the other occupied by taxpayer/owner qualify for the QBI deduction?

 
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Vanessa
Level 3

Does a 2 Family rental property with one unit rented and the other occupied by taxpayer/owner qualify for the QBI deduction?

No, when you live in one unit and that is your only rental property, you do not qualify for the QBI.  

" Real estate used by the taxpayer (including an owner or beneficiary of an RPE relying on this safe harbor) as a residence for any part of the year under section 280A is not eligible for this safe harbor." https://www.irs.gov/pub/irs-drop/n-19-07.pdf

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Vanessa
Level 3

Does a 2 Family rental property with one unit rented and the other occupied by taxpayer/owner qualify for the QBI deduction?

No, when you live in one unit and that is your only rental property, you do not qualify for the QBI.  

" Real estate used by the taxpayer (including an owner or beneficiary of an RPE relying on this safe harbor) as a residence for any part of the year under section 280A is not eligible for this safe harbor." https://www.irs.gov/pub/irs-drop/n-19-07.pdf

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