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Investors and QBI

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    #1

    Investors and QBI

    Do passive investors in an LLC taxed as a partnership get qualified business income from a hotel? I've read conflicting reports on this.
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    #2
    Yes.

    The determination for QBI is determined at the entity level. So if the Partnership qualifies for QBI, all partners, even Limited Partners, qualify for QBI.

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      #3
      Thanks, I guess I'm too hung up on the QBI definition.

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