Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago on . Most recent reply
Paying oneself a management fee to increase QBI
Hi,
I have an LLC I can run income through, in years past I have never "paid" myself a management fee for self managing our rental properties as I had never wanted to pay the additional self employment tax. With the 20% QBI deduction, I was wondering if anyone had looked into paying themselves as they can now deduct 20% of the income? With Depreciation, we show a small loss ($5,000), but can show losses up to $25,000 as our AGI will be $100,000 or less.
Thanks!