So I read up on 3 different codes
One being 531390 , 425120, and finally 531110…
Which I learned that 531390 is for assignments and double closings. And 531110 is for buying and holding
Recommended Strategy Start with 531390: Use this code now to build your business credit, establish bank accounts, and run your assignment and double-closing operations.
Update or Add Codes Later: When you buy your first long-term holding property, you can file a simple update with the state or create a separate holding LLC using code 531110. This keeps your active wholesaling liability completely separate from your passive rental assets.