Author Topic: Rental property owners probably lose "Section 199A deduction"  (Read 148 times)

SeattleCPA

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Rental property owners probably lose "Section 199A deduction"
« on: January 22, 2019, 08:11:48 PM »
If you haven't seen this and you have rentals, you may want to look at the rental safe harbor notice from IRS:

https://www.irs.gov/pub/irs-drop/n-19-07.pdf

FWIW, the CPAs I talk with--and me too--think this basically kills off the Section 199A deduction for rental owners with one or two properties...