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NAICS 531311, industry

NAICS 531311: Residential property managers

NAICS 531311 is the industry code for residential property managers. Use it on loan applications, tax forms and registrations. Explore financing for professional services and start your application when you are ready.

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What 531311 covers

Residential property managers manage residential properties for owners, handling leasing, rent collection and maintenance. HOA management companies and short term rental managers are included.

Included in this code

  • Apartment management companies
  • Single family rental managers
  • HOA management companies
  • Short term rental managers

Not this code

Businesses that use 531311

Property management companyHOA management firm

Financing for this trade

Property managers use SBA 7(a) loans to buy management portfolios and lines of credit. Lenders value recurring management fees.

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Is 531311 the right code for a residential property manager?

Yes, if you manage residential properties for owners for a fee. Owners renting out their own properties use 531110. The closest alternatives are 531110 (lessors of residential buildings and dwellings) and 531312 (nonresidential property managers). Use whichever matches your largest revenue stream, and keep it consistent across tax filings, SBA forms and lender applications.

What is the SBA size standard for 531311?

The SBA size standard for 531311 is $13M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A residential property manager at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.

What financing do property management companies use?

SBA 7(a) loans fund acquisitions of management companies and door portfolios, valued on recurring management fees. Lines of credit cover payroll. Lenders review door counts, retention and trust account handling. A broker who works with many lenders can line up bank, SBA and alternative offers side by side, which often matters more than chasing the lowest headline price.

What does NAICS 531311 cover?

Residential property managers. Industry level code in NAICS 2022, under 53 Real estate and rental and leasing, 531 Real estate, 5313 Activities related to real estate, 53131 Real estate property managers.

What financing do NAICS 531311 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for professional services businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 531311?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.