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House flipper codes
House flipper codes










house flipper codes

If you have an LLC that doesn’t own any property using its name but owns or manages the LLC that do have property using their name then it’s considered a real estate holding company. 551112 is the NAICS code for a holding company including a real estate holding company that owns equity interests or influences the management of the entities it owns.What is the NAICS code for a real estate holding company? 531190 is the NAICS code for real estate investors that own and lease non-residential and non-commercial properties like mobile home parks / manufactured home communities.However, self-storage and small warehouses have their own code of 531130. 531120 is the NAICS code for real estate investors that own and lease commercial properties like office and retail.It can also be used for properties that are leased through services such as Airbnb. 531110 is the NAICS code for real estate investors that own and lease residential single family and multifamily rental property.What is the NAICS code for real estate investment? For some businesses, it may be appropriate to use more than one NAICS code. That means that companies must do a little research to discover which code best represents their primary business activities. Businesses are not assigned NAICS codes because this is considered a self-assigned system. The North American Industry Classification System (NAICS) is a method for classifying businesses that has been in place since 1997. Please consult a professional before making any accounting and legal decisions. Please note: The information below is not accounting or legal advice, rather it is provided for educational purposes only.












House flipper codes