Is my rental considered QBI, we are responsible for the maintenance & routinely check on the property and have had to do several pieces of maintenance in the 2018 year.

danielle-weliczk — Wed, 05 Jun 2019 21:22:52 GMT

Unless the rental property you mention has numerous indiv...

Ashby — Wed, 05 Jun 2019 21:22:54 GMT

Unless the rental property you mention has numerous individual units, it is unlikely that you qualify for QBI. It has to qualify as a trade or business. While I don't doubt that you spend time on your rental, you need to be sure you could justify that the rental is on the level of a second, self-employed job. This is assuming that you have a regular wage earning full-time job. There is no definitive IRS language on residential rental income, but if you have a single rental property, I would be hesitant to take the QBI deduction.

topic Is my rental considered QBI, we are responsible for the maintenance &amp; routinely check on the property and have had to do several pieces of maintenance in the 2018 year. in Investors & landlords

Is my rental considered QBI, we are responsible for the maintenance & routinely check on the property and have had to do several pieces of maintenance in the 2018 year.

Unless the rental property you mention has numerous indiv...

topic Is my rental considered QBI, we are responsible for the maintenance & routinely check on the property and have had to do several pieces of maintenance in the 2018 year. in Investors & landlords