Also, the rental income generally isn’t subject to self-employment tax. If you qualify, you take the 20% QBI deduction on line 10 of the 2019 Form 1040 and attach either Form 8995 or 8995-A ...
If you own real estate, you know your rental income needs to be reported on your federal income tax return. However, you can usually deduct associated expenses from that rental income. But did you ...