Safe Harbor Created for Rental Real Estate Activities and Section 199A Deduction

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By: Williams Parker Harrison Dietz & Getzen.

Section 199A generally provides a 20 percent deduction for qualified business income of a trade or business. Many comments made with respect to the proposed Section 199A regulations focused on when rental real estate activities will constitute a trade or business, and thus be eligible for the Section 199A deduction. Read more.

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