I have a rental property that I manage i.e. I find tenants, I sign the lease. Its typically an yearly lease, I take care of or employ handyman to attend to maintenance issues or repair needs etc. My tenants call/txt me all the times for any issues, so I do spend time attending to those as well as any repair visits. I don’t have documentations to prove each of them or quantify the time spent. .Do I meet the safe harbor rule of 199-A? Per the IRS pub, even if one doesn’t fit into 199-A safe harbor rule, he or she can still declare the rental as business as long as burden of proof is met.
Can I claim the QBI deduction? This is the first time turbo Tax questionnaire promoted me to claim QBI deduction.