barone3911
Level 2

Hi Katie my name is Frank and was wondering if you can be of help to me.  I am bit confused on how to treat 199a on schedule E for house rental.  Client has a 2 family home of which 1/2 or 50% is rented the entire 2018 tax year. Can the profit on the rental QBI deduction, if so how.  Can they qualify Safe Harbor?

Also, the article on the Safe Harbor states the property was not used as a residence for any part of the year.  Does this mean the portion of the home that was rented.

And the 250 hour rental services does this mean the property was rented for at least that minimum time.

Please get back and thank you.

 

 

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