Do you have to take the Qualified Business Income Deduction?

[Trekker1]

I have 4 rental properties and 1 LLC (Schedule K1), which has net rental real estate income.  It's questionable whether the 4 rental properties can be claimed for the QBI deduction.  The K1 has line 20Z information stating section 199A income from trade/business - not SSTB.  If I claim all 5 components my QBI credit is $300 if I claim only the K1 the QBI credit $2500.  When applied to my taxes owed there is a  $300 reduction by taking only the K1 component.  These figures, are for illustration only.  The actual numbers are less. Since real estate is a grey area regarding the QBI deduction can I just opt not to take it?  

[Leonard · Accepted solution]

No, you are not required to take the Qualified Business Income Deduction.