6810 Buying and selling of own real estate

This subcategory includes:

• sales on own account of residential buildings and associated land in cases where the sales are treated as sales of trading stock by the seller, but not sales of property where the sales are disposals of the fixed assets of the selling unit
• sales of houses with associated land, multiple-dwelling buildings with associated land and individual dwelling units within such buildings, such as individual apartments or condominiums. Such property can be either leasehold or freehold.

This subcategory excludes:

• sales of residential property constructed by the selling unit, see 41.00.1
• sales of residential vacant land, see 68.10.13

This subcategory includes:

• sales on own account of time-share properties

This subcategory includes:

• sales on own account of vacant residential land in cases where the sales are treated as sales of trading stock by the seller. Such vacant land can include subdivided vacant land.

This subcategory also includes:

• subdividing real estate into lots, without land improvement

This subcategory excludes:

• subdividing and improving of land, see 42.99.29

This subcategory includes:

• sales on own account of non-residential buildings and associated land in cases where the sales are treated as sales of trading stock by the seller, but not sales of property where the sales are disposals of the fixed assets of the selling unit.

Examples of non-residential properties include:

• factories, office buildings, warehouses
• theatres, multiple-use buildings that are primarily non-residential
• agriculture, forestry properties
• similar properties

This subcategory excludes:

• sales of non-residential property constructed by the selling unit, see 41.00.2
• sales of non-residential vacant land, see 68.10.15

This subcategory includes:

• sales on own account of vacant non-residential land in cases where the sales are treated as sales of trading stock by the seller. Such vacant land can include subdivided vacant land.

This subcategory also includes:

• subdividing real estate into lots, without land improvement

This subcategory excludes:

• subdividing and improving of land, see 42.99.29