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Tax, SDIRAs & Cost Segregation

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George Bittar
  • Investor
  • Parsippany, NJ
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66
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Turbo Tax Business Classification Code for REI?

George Bittar
  • Investor
  • Parsippany, NJ
Posted Apr 13 2014, 19:27

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.