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what forms should i use for rental property held by an LLC with its own EIN

In order to qualify for QBI:

 

  • Separate books and records showing the income and expenses of the rental real estate
  • 250 or more hours of services performed for the rental per year by owners, employees, agents or independent contractors. For rental activities in existence for more than four years, the 250-hour requirement must be satisfied in three of the five years ending with the the tax year.

what forms should i use for rental property held by an LLC with its own EIN


@rcman0730 wrote:

In order to qualify for QBI:


You cited the safe harbor:

 

See https://www.irs.gov/pub/irs-drop/rp-19-38.pdf

 

A rental real estate enterprise can still qualify if it otherwise meets the definition of a trade or business.

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