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Level 3
posted Jun 6, 2019 12:11:44 AM

I have rental property loss so I don't seek QBID. Does that mean I can categorize my rental as NOT QBI since it doesn't apply to me for deduction?

Must I categorize my rental property as QBI if I have a loss?

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1 Best answer
Expert Alumni
Jun 6, 2019 12:11:46 AM

Yes. Most residential rentals will not qualify for the new "Qualifying Business Deduction."

1 Replies
Expert Alumni
Jun 6, 2019 12:11:46 AM

Yes. Most residential rentals will not qualify for the new "Qualifying Business Deduction."