Question
44. In order to qualify for the 20-percent qualified business income deduction, the enterprise must be in compliance with all of the following EXCEPT: A.
44. In order to qualify for the 20-percent qualified business income deduction, the enterprise must be in compliance with all of the following EXCEPT:
A. Maintaining separate books and records which reflect income and expenses for each rental real estate enterprise.
B. Not renting to a related party.
C. Generally performing 250 or more hours of rental services each year.
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Accounting A Systems Approach
Authors: Alison Warman, Jeff Davies
1st Edition
1861520379, 978-1861520371
