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Rev. Proc. 2021-9

SECTION 1. PURPOSE

Internal Revenue Bulletin 2021-3 · 2026-10-03 edition · updated 2026-10-04 · United States

This revenue procedure provides a safe harbor that allows a trade or business that manages or operates a qualified residential living facility, as defined in section 3.01 of this revenue procedure, to be treated as a real property trade or business, solely for purposes of qualifying to make the election under section 163(j)(7)(B) of the Internal Revenue Code (Code) to be an electing real property trade or business.

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▸Contents — Internal Revenue Bulletin 2021-3
Internal Revenue Bulletin 2021-3

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