{"id":5856,"date":"2019-01-24T17:56:16","date_gmt":"2019-01-24T17:56:16","guid":{"rendered":"http:\/\/www.jerrybice.com\/wordpress\/?guid=f800067e3d8a13b3d16273a6a6875ba2"},"modified":"2019-01-24T17:56:16","modified_gmt":"2019-01-24T17:56:16","slug":"irs-provides-clear-test-on-how-20-deduction-applies-to-rental-income-exchanges","status":"publish","type":"post","link":"https:\/\/www.jerrybice.com\/wordpress\/irs-provides-clear-test-on-how-20-deduction-applies-to-rental-income-exchanges\/","title":{"rendered":"IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges"},"content":{"rendered":"<div class=\"field field--body\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">The rules confirm that the deduction applies to your business income, as a real estate agent or broker, if you operate as a sole proprietor or owner of a partnership, S corporation, or limited liability company. It applies even if your income exceeds a threshold set in the law of $157,500 for single filers and $315,000 for joint filers.<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The rules confirm that the deduction applies to your business income, as a real estate agent or broker, if you operate as a sole proprietor or owner of a partnership, S corporation, or limited liability company. It applies even if your income exceeds a&#8230;<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/5856"}],"collection":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/comments?post=5856"}],"version-history":[{"count":1,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/5856\/revisions"}],"predecessor-version":[{"id":5857,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/posts\/5856\/revisions\/5857"}],"wp:attachment":[{"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/media?parent=5856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/categories?post=5856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jerrybice.com\/wordpress\/wp-json\/wp\/v2\/tags?post=5856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}