trade/business safe harbor, rental property, RE enterprise

Technical topics regarding tax preparation.
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One requirement of safe harbor provided in Revenue Procedure 2019-38 is that
**For rental real estate enterprises that have been in existence less than four years, 250 or more hours of rental services are performed per year....

TP has several rental properties and he spent more than 250 qualified hours in 2021 on those properties. If he treat those properties as a real estate enterprise and meets all other safe harbor requirement, his rental business can qualify as QBI
Does he need to make an election to treat the properties as RE enterprise with the safe harbor statement ?
Is there any trap such as the suspended loss for one property in the RE enterprise can not be released when the property is sold until all the properties are sold, etc?
 

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