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IRS finalizes safe harbor to allow rental real estate.......

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    IRS finalizes safe harbor to allow rental real estate.......

    ....to qualify as a business for qualified business income deduction


    Rev. Proc. 2019-38
    Always cite your source for support to defend your opinion

    #2
    I think the key here is good written log books and 250 hours. I am advising all my rental clients, especially the mom and pop landlord to take this seriously and not drop the ball if they want to claim 199A credit.
    Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

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