jfrost23
Level 2
 
0 Cheers
itonewbie
Level 15

Yes.  That's in accordance with §1.199A-3(b)(1)(iv).

---------------------------------------------------------------------------------
Still an AllStar

View solution in original post

0 Cheers
rbynaker
Level 13

Is the rental activity a trade or business?  And/or is the client making a safe harbor election?

0 Cheers
jfrost23
Level 2
It's a safe harbor election
0 Cheers
rbynaker
Level 13
Perfect.  You're all set.
0 Cheers