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Updated almost 11 years ago,
Turbo Tax Business Classification Code for REI?
Hey All,
What does everyone list as business type when using Turbo Tax as a real estate investor? The codes and business types that it returns when entering real estate investor or real estate buyer do not seem relevant. I selected other for now which is 999999 for other. I just did not want to raise any red flags. I understand this is for statistical matters only for the IRS.