Taylor owns a wide variety of commercial rental properties held in a single-member LLC. Her LLC reports rental income of $750,000. The LLC pays no W-2 wages; rather, it pays a management fee to an S corporation that Taylor controls. The management company pays W-2 wages, but reports no income (or loss). Taylor's total unadjusted basis of the commercial rental property is $5,000,000 and her taxable income before the QBI deduction (and his modified taxable income) is $1,000,000. What is Taylor's QBI deduction for 2019?

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The Answer of Taylor owns a wide variety of commercial rental properties held in a single-member LLC. Her LLC reports rental income of $750,000. The LLC pays no W-2 wages; rather, it pays a management fee to an S corporation that Taylor controls. The management company pays W-2 wages, but reports no income (or loss). Taylor's total unadjusted basis of the commercial rental property is $5,000,000 and her taxable income before the QBI deduction (and his modified taxable income) is $1,000,000. What is Taylor's QBI deduction for 2019?

Taylor Owns a Wide Variety of Commercial Rental Properties Held