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Real Estate Tax Services

Aug 24, 2025

Real Property Trade or Business

A real property trade or business includes activities like development, leasing, or brokerage of real estate. Learn how it’s defined.

Overview

A Real Property Trade or Business is a trade or business engaged in any of the following real property activities:

  • development, redevelopment
  • construction, reconstruction
  • acquisition, conversion
  • rental, leasing
  • operation, management or
  • brokerage

References

469(c)(7)(C) Real Property Trade or Business

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