You may be eligible for new 20% deduction
https://www.nolo.com/legal-encyclopedia/how-the-republican-tax-plan-affects-landlords.html
Raycpa, thank you for that. I didn’t know that’s how it was going to work, we are in the low income portion of that new law, so if I understand it correctly, you will be able to take 20% off of your Schedule E net income before reporting it on your 1040. that would really change things because a big portion of our total income comes from the Schedule E source.
Happy New Year!