Qualified Improvement Property (QPI) Tax write-off Question

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Topic Author
VeryBlessedCali
Posts: 307
Joined: Fri Aug 07, 2020 1:35 pm

Qualified Improvement Property (QPI) Tax write-off Question

Post by VeryBlessedCali »

Good morning folks!

Please share your Bogle method for “QPI” Qualified Property Improvement Business expense (tax write off).

I have searched this Forum for QPI and did not find any threads.

My spouse manages our rental properties and his office is QPI. We are able to deduct the office expenditures from rental income. This is the first time we will be electing QPI in our tax return.

I’m trying to find resources regarding Carryover of disallowed deduction because all the information online is very confusing.

Thank you for your inputs and have a BLESSED Day!
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