jtgcpa
Level 3
01-18-2021
10:25 AM
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Thank you. This is very helpful, as it's nice to know what others are doing. That's what I ended up doing.
The guidance provided by Intuit, though, indicates that rentals marked as self-rentals will be included in QBI calculations. They never mention that you also need to override the "this business qualifies as a trade or business" input. This begs the question, then, what exactly does denoting the rental as a self-rental do (in relation to QBI calcs)? I don't think it does anything.