Skip to main content
May 19, 2024
Question

QBID Trust deduction

  • May 19, 2024
  • 0 replies
  • 0 views

In a simple testamentary trust, the trustee is also a beneficiary.  The trustee rents and farms the land.   Rent is below Fair market rent.   Would this be considered a self rental.  All beneficiaries and trustees are related.

Would the Trust qualify for a QBID deduction?  

 

Thank you!!