Notice 2020-59, page 782.
Internal Revenue Bulletin 2020-40 · 2026-10-03 edition · updated 2026-10-04 · United States
This notice contains a proposed revenue procedure with a safe harbor for a trade or business that manages or operates a qualified residential living facility to be treated as a real property trade or business solely for purposes of qualifying as an electing real property trade or business under section 163(j)(7)(B) of the Internal Revenue Code.
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