TaxProTalk: QBI Deduction and Safe Harbor for Rental Real Estate

Tax Law and News

In this episode of TaxProTalk, Jim and Tony discuss some additional details around qualified business income deduction as well as some information about safe harbor provisions for rental real estate.

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  1. I have a few clients that have rental income such as 10units, 6 units, 12 houses, some only one house and one in Florida. They don’t put in 250 hours a year or have actual records like it’s required this year.. My question is do they “have to” still check that there rentals is a business?

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