As a real estate investor, you should understand the NAICS code that relates to your industry.

This article discusses the finer details of this code system and its impact on your business. 

What Is a NAICS Code?

The North American Industry Classification System (NAICS) is developed by the United States, Canada, and Mexico to classify businesses into industry-specific categories for economic data collection, analysis, and reporting.

In some states, providing your NAICS code is optional, but in other states, providing your code will be required.

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