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Property Management SIC codes

If you’re setting up a real estate business, you’ll need your SIC code when filing for taxes, completing loan applications, or filling in other paperwork. Here’s how to find the right SIC code for you, as well as some hints on saving money with Wise Business.
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Which SIC codes can be used by property operators?

Standard Industrial Classification codes — SIC codes for short — are given to all businesses. These 4 digit codes are then used by government agencies, marketing companies, banks, academics and entrepreneurs, to understand and analyze the type of work a business is involved in.

Property management businesses fall into the major group 65 — all SIC codes for this industry will start with these numbers. You can then find out more about the business type by looking at the final digits. SIC code 6512 is used by Operators of Nonresidential Buildings, while 6513 is used by Operators of Apartment Buildings.

The types of businesses using SIC code 6512 might include managers of commercial or industrial buildings. 6513 is more likely to be used by apartment managers.

For a real estate agentcy you might need to use different SIC codes.

SectionSICIndustry

Division

60-67

Finance, Insurance and Real Estate

Major Group

65

Real Estate

Industry Group

651

Real Estate Operators (except Developers) And Lessors

SIC code

6512

Operators of Nonresidential Buildings

SIC code

6513

Operators of Apartment Buildings

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Examples of businesses

BusinessSICBusinessSIC

Bank buildings, operation of

6512

Shopping centers, property operation only

6512

Insurance buildings, operation of

6512

Theater buildings (ownership and operation)

6512

Lessors of piers, docks, and associated buildings and facilities

6512

Operators of apartment buildings (five or more housing units)

6513

Operators of commercial and industrial buildings

6512

Operators of apartment hotels

6513

Operators of nonresidential buildings

6512

Operators of residential hotels

6513

Retail establishments, property operation only

6512

Operators of retirement hotels

6513

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Convert Property Management SIC to NAICS codes.

SIC CodeSIC IndustryNAICS CodeNAICS Industry

6512

Nonresidential Building Operators

531120

Lessors of Nonresidential Buildings (except Miniwarehouses)

6513

Apartment Building Operators

531110

Lessors of Residential Buildings and Dwellings