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June 6, 2019
Question

I rent out a section of my home, does this qualify as a QBI?

  • June 6, 2019
  • 2 replies
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2 replies

KO2Author
June 6, 2019
These are rooms in my home strictly for rental and not my personal space.  I do not use the space.  It is only for rental.
Employee
June 6, 2019

No, if you rent out a section of your home, this is specifically excluded for the QBI. 

 "Real estate used by the taxpayer (including an owner or beneficiary of an RPE relying on this safe harbor) as a residence for any part of the year under section 280A is not eligible for this safe harbor." https://www.irs.gov/pub/irs-drop/n-19-07.pdf

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KO2Author
June 6, 2019
I do not use the rental space as a residence myself at all.  It is totally for the tenant.