The 2017 Tax Cuts and Jobs Act (TCJA) created a new deduction known as the Qualified Business Income Deduction (QBID). It is also called the pass-through deduction or Section 199A deduction. The QBID allows small  business owners to deduct up to 20% of qualified business income from federal income tax. Rental property owners will interested […]

Read More… from Qualified Business Income Deduction for Rental Real Estate Owners-Safe harbor rule