Masciantonio, The QBI deduction for rental real estate activity (AICPA)

Masciantonio tackles the following question: “Is a rental real estate activity considered a trade or business for tax purposes, or merely an investment?” He describes how the question has gained attention with recent regulations regarding the qualified business income (QBI). The Tax Cuts and Jobs Act introduced the 20% QBI deduction under Sec. 199A, which “is available only for activities that qualify as a trade or business.” Therefore, his article “examines the treatment of rental real estate activities under the final QBI regulations and additional guidance issued this year and suggests related planning opportunities.”

Download the full article by clicking Masciantonio, The QBI deduction for rental real estate activity (AICPA).

Posted by Jessica Zhang, Associate Editor, Wealth Strategies Journal.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s