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Updated almost 7 years ago,

User Stats

454
Posts
273
Votes
Michael Dang
Pro Member
  • Rental Property Investor
  • Houston, TX
273
Votes |
454
Posts

Which NAICS Code to use when filing TX franchise tax with LLC?

Michael Dang
Pro Member
  • Rental Property Investor
  • Houston, TX
Posted

Which NAICS code is used when filing the TX franchise tax annual report if the LLC only invests in multifamily\apartment syndication deals? These syndication deals are SEC compliant securities. Haven't received any distributions yet because it's a somewhat new entity.

The LLC doesn't actually own the property or manage any leases. It's just an entity that passively invests.

  • Michael Dang
  • Loading replies...