Quote: (02-24-2019 06:47 PM)frozen-ace Wrote:
And if you owned a REIT you will get a report showing your 199A amount which you can use to get a qualified business income deduction (seems to be like 20% of the 199A amount). Have you guys noticed this at all? It is very strange that you can get this deduction just by holding the mutual fund when you aren’t actually engaged in the business. Maybe this makes it more attractive to hold a REIT in a taxable account.
Wow. This is the first I'm hearing of this. That might change the asset allocation priorities for some people who were previously bent on putting REITs in Traditional retirement accounts no matter what.
Hidey-ho, RVFerinos!