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Level 2
posted Jun 1, 2019 11:04:03 AM

Not sure how to answer this question: only has business interest from a real property business. an electing real property trade or business

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1 Best answer
Expert Alumni
Jun 1, 2019 11:04:05 AM

It is asking whether your business merely involves real estate investing (business interest) or do you engage in the business of selling real estate (electing real property trade or business).

1 Replies
Expert Alumni
Jun 1, 2019 11:04:05 AM

It is asking whether your business merely involves real estate investing (business interest) or do you engage in the business of selling real estate (electing real property trade or business).