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Updated over 7 years ago on .

User Stats

5
Posts
1
Votes
Harry Patrick Falls
  • Aberdeen Proving Ground, MD
1
Votes |
5
Posts

Which real estate SIC Code should I use for low risk financing?

Harry Patrick Falls
  • Aberdeen Proving Ground, MD
Posted

Hello, 

I have posted a similar question in the Business forum, but it may be more appropriate in this forum. I have read from multiple sources to avoid using the real estate SIC code 6531, when registering for a Dun and Bradstreet number, because it is a high risk code for real estate investing. I would like to know if anyone has had success with using this or if anyone has structured their real estate investing company/corporation under a different SIC code in order to avoid being flagged for business financing?