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Level 5
April 7, 2024

Rental property QBI

  • April 7, 2024
  • 1 reply
  • 8 views

Owner occupied two family started renting one side.  Will this be a QBI? 

    1 reply

    sjrcpa
    Level 15
    April 7, 2024

    Maybe. Is it a trade or business? Make a facts and circumstances determination.

    The more I know the more I don’t know.