topic will rental income deposited into a LLC qualify as QBI pass through income? in Investors & landlords

will rental income deposited into a LLC qualify as QBI pass through income?

wajake41 — Tue, 24 Feb 2026 07:00:20 GMT

I have a rental property titled in my name. If I create a LLC and deposit the rental income into the bank account of my LLC, can it be claimed as pass through income and reported as QBI on my federal return?

Re: will rental income deposited into a LLC qualify as QBI pass through income?

Critter-3 — Tue, 04 Jul 2023 21:19:17 GMT

Unless you incorporate that would be a no.

Re: will rental income deposited into a LLC qualify as QBI pass through income?

AmeliesUncle — Tue, 04 Jul 2023 23:01:25 GMT

The LLC has no effect on if the QBI deduction applies or not.

If the rises to the level of a "Trade or Business" (at least for QBI purposes), then the QBI deduction would apply. If it doesn't rise to the level of a "Trade or Business", then QBI does not apply.