Safe harbor QBI Aggregate statement rental properties?

Are we suppose to be typing a statement to attach along with the Safe harbor statement for Real estate Rentals. I have several electing to group since they have anywhere from 20-50 rentals. What kind of statement are they looking for us to type?I did not know if the statement that is set up in Lacerte that they sign is enough. I know there is a space where it says why can they aggregate did not know if we were suppose to be using that also. UGH!! I am on brain fade with all these  real estate  rentals by the time you have all this info to get in.

thanks for any input.  Greatly appreciated.

michele

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A recent discussion we have may help answer your questions: https://accountants-community.intuit.com/questions/1837120-qbi-real-estate-signatures?jump_to=answer_3825244

In terms of the format of the statement for treating multiple rental properties as one rental enterprise, you can modify the stock statement from Lacerte to list those properties and include a simple statement to the effect that "the rental properties listed herein are treated as one rental real estate enterprise by the taxpayer(s) pursuant to section 3.02 of Notice 2019-07".

To avoid Lacerte from printing one statement for each property that is grouped but to compute QBI for each, you can follow the steps outlined in this article: https://accountants-community.intuit.com/articles/1825631-lacerte-aggregation-of-business-operations-section-1-199a-4

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