Solved: Is the business code for residential renting 531100
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Is the business code for residential renting 531100

is this the correct code for Residential Real Estate?
Your "Lookup a Business" feature results in code 531100, however the IRS gives a different code 531110:
https://www.irs.gov/instructions/i1065/ar03.html

I am tempted to go with the IRS here.
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Is the business code for residential renting 531100

The business code referenced in TurboTax is correct for a Schedule C, Profit or Loss from Business (sole proprietorship). 

The document you referenced shows business codes for Form 1065 – US Return of Partnership Income.

Choose the correct business code based on the form you are filing. 


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New Member

Is the business code for residential renting 531100

The business code referenced in TurboTax is correct for a Schedule C, Profit or Loss from Business (sole proprietorship). 

The document you referenced shows business codes for Form 1065 – US Return of Partnership Income.

Choose the correct business code based on the form you are filing. 


View solution in original post

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