Important – Rental Owners! Guidance Related to the 20% Pass-Through Deduction
Highlights:
- 199A 20% Pass-Through Deduction
- Rental Safe Harbor Qualifications
- Books & Records
- 250 Hours
- Contemporaneous Record
- Triple Net Leases
- Vacation Home Rentals
- Double-Edged Sword
Ever since tax reform was passed, over a year ago, taxpayers have been uncertain whether rental property will be classified as a trade or business for Read More