2979048
The help indicates that qualifying for QBI for rental properties can be a grey area if you are a mom and pop investor with 1-2 properties. But does having more than 10 rental properties make qualifying for QBI a slam dunk (much easier)? I have 13 rental properties managed by property managers - they coordinate the repairs/maintenance/tenant selection with my input.
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It seems likely that it would qualify as a "Trade or Business", and therefore qualify for QBI.
But if your rentals show a tax-loss, that may not be a good thing.
have you checked the rules for real estate professionals? for them by definition income/loss is not passive and then they automatically qualify as a business.
https://www.fortunebuilders.com/real-estate-professional/
even if you don't qualify as a REP there are safe harbor rules which if met would prevent the IRS from challenging the QBI deduction
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