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3. John and Doris are married with a taxable income of $280,000 and own two rental properties. They have rented these properties for a net

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3. John and Doris are married with a taxable income of $280,000 and own two rental properties. They have rented these properties for a net profit for five years. In 2018 rental house #1 collected $9,000 in rents and paid $13,000 in expenses. The other rental house collected $13,000 in rents and paid $10,000 in expenses. The expenses on house #1 were about $5,000 higher than normal due to extensive repairs. Which of the following is true regarding their QBI deduction? a) Their QBI is ($1,000). b) Their QBI is $22,000. C) Their QBI is $1,000. John and Doris do not qualify for a QBI deduction because their income is above the threshold

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