A taxpayer believes they are entitled to a Qualified Business Income $($QBI$)$ deduction based on their Schedule E rental properties. The taxpayer is Married Filing Jointly and their AGI for TY$2022$ is $$300,000.$

Is this scenario accurate regarding the QBI deduction?

The taxpayer owns a condo in Florida that they rent out $6$ months of the year. A local realtor handles moving tenants in and out, in addition to cleaning and maintenance. The owner handles all contracts and decides the rent, which takes about $50$ hours a year.

This taxpayer's rent activity does not qualify for QBI.

Click 'Yes' or $\text{'}$No$\text{'}$ for each option until complete