I am confused about the turbotax question "confirm your professional status' are you asking if I am a QBT? if I check either or both does that disqualify me for capital gain on my rental homes?

[Eshka]

I cant remember how I answered the question in the past returns about "confirm your profession".  If I check that I spend over 50% of my time in real estate and 750 hours a year, will that change my status on my return to qualified trade or business?

[Anonymous_]

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@Eshka wrote:

I cant remember how I answered the question in the past returns about "confirm your profession".  If I check that I spend over 50% of my time in real estate and 750 hours a year, will that change my status on my return to qualified trade or business?

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In TurboTax, the QBI status will only change if your response is "Yes" to the question, "Is this Qualified Business Income?" (see screenshot).

Otherwise, you can actually qualify as a real estate professional who materially participates in the rentals but TurboTax will not treat net income as QBI.