Qualified Business Income Deduction

[Jennifer Bott]

We own several multi-families and I'm clear on the safe harbour ruling to allow those interests to be treated as a business for purposes of the Qualified Business Income Deduction.  What I'm not clear about is whether this also applies if I rent out part of my personal residence.   We live in a 3 family home, and are now renting out the other two units, while we are living in the main unit.   Would the 2 sections we are renting both qualify for the qualified business income deduction?  We meet all the requirements listed in terms of hours, separate books, etc...