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Level 4
June 6, 2019
Solved

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?

  • June 6, 2019
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Must I categorize my rental property as QBI if I have a loss?

Best answer by

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

1 reply

Answer
June 6, 2019

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