2012 Economic Census
RE-53203 Equipment Rental and Leasing: Commercial and Industrial
Categories
Questions
Sector Questions
1. Which real estate and rental and leasing form should I use?
2. Are real estate investment trusts in the RE Sector?
3. Are operators of public performance facilities in the RE Sector?
4. Should each automobile rental office report separately?
Form Questions
5. What are employer costs for fringe benefits (Item 7)?
6. What if my kind of business is not listed (Item 19)?
7. What if I have more than one kind of business (Item 19)?
8. What is a general rental center (Item 19)?
9. How should home health and medical equipment be reported (Item 19)?
10. Must I report revenue in both dollars and percents (Item 22)?
11. What if I don't know my revenue by revenue line (Item 22)?
12. What if my revenue line is not listed (Item 22)?
13. What is an exported service (Item 25)?
14. How should capital leases be reported (Item 26)?
15. What is a franchise (Item 26)?
16. Why is a certification required (Item 30)?
Answers
Sector Questions
1. Which real estate and rental and leasing form should I use?
Please use the census form that you received. For most real estate and rental and leasing establishments, any RE-53xxx form can be used to report census information. Completing and returning the form you received will expedite your response. If necessary, use an "Other..." category available in many items (such as Item 19), and include any needed explanation of your response in the "Remarks" section available on most forms (after Item 29). If you need forms, please contact staff.
2. Are real estate investment trusts in the RE Sector?
Yes. Some real estate investment trusts (or REITs) are included in the RE sector. Equity REITs are classified in RE based on the type of rent they receive or the type of property owned. For example, if an equity REIT owns an apartment complex for which they receive revenue, then they would be classified in sector 53 as NAICS code 53111010, and they should use a census form numbered RE-53160. However, mortgage REITs typically receive revenue from interest income and are classified in sector 52, Finance and Insurance. If REITs do receive another form, they should use the available "Other..." categories available in many forms (such as in Items 19 and 22) to report census data and include any needed explanations of their responses in the "Remarks" section available on most forms (after Item 29).
3. Are operators of public performance facilities in the RE Sector?
No. NAICS classifies establishments that organize, promote, or manage public events for the owners of public performance facilities in sector 71, Arts, Entertainment and Recreation, and they should use a census form numbered AE-71xxx. If a sector 71 establishment does receive another form, they should use the available "Other..." categories available in many forms (such as in Items 19 and 22) to report census data and include any needed explanations of their responses in the "Remarks" section available on most forms (after Item 29).
4. Should each automobile rental office report separately?
Not if the business operates a common automobile fleet, through several offices, in the same metropolitan area. In this situation, the office that controls all metropolitan area operations should be considered the census "establishment," and it should report consolidated information for all its metropolitan area operating locations (for example, airport and walk-in rental offices).
Form Questions
5. What are employer costs for fringe benefits (Item 7)?
Employer costs for fringe benefits are the costs of any benefits that employers provide but that are not required under Federal or state law. Examples include the cost of premiums an employer may pay for employee life or health insurance benefits.
6. What if my kind of business is not listed (Item 19)?
Please mark an "X" in the box next to "Other kind of business" at the end of the list, and briefly describe your establishment's principal business activity in the space provided near the box.
7. What if I have more than one kind of business (Item 19)?
Please mark an "X" in the box that best describes the principal kind of business your reporting establishment conducts. "Principal" means the kind of business that generated the most receipts or revenue during calendar year 2007. If your principal business is not listed, please choose "Other kind of business" at the end of the list and briefly describe it in the space provided near the box.
8. What is a general rental center (Item 19)?
A general rental center is typically an establishment that is a conveniently located facility, has an inventory of diverse goods and equipment, and rents goods and equipment to the public for short periods of time.
9. How should home health and medical equipment be reported (Item 19)?
Please report as home health equipment, equipment that is rented or leased for home use, such as beds, wheelchairs, oxygen tanks, walkers, and crutches. Please report as medical equipment, equipment that is rented or leased for hospital or commercial use, such as x-ray machines and laboratory test equipment.
10. Must I report revenue in both dollars and percents (Item 22)?
No. Report dollars if your form only has space for dollar figures, and report either dollars or percents if your form has space for both dollars and percents (see the "How to Report" information ahead of Items 5 and 22 of your form).
11. What if I don't know my revenue by revenue line (Item 22)?
If business records are not available for your establishment, or for each revenue line, please provide your best estimate of the percentage of your total revenue for each applicable revenue line. Include any needed explanation of your response in the "Remarks" section available on most forms (after Item 29).
12. What if my revenue line is not listed (Item 22)?
Please use the "other products" space in Item 22 to provide information for any previously unlisted revenue line(s). Go to the end of the revenue line listings in Item 22 and use the "other products" space to estimate the total for all unlisted lines and to describe and provide an estimate for each separate unlisted line.
13. What is an exported service (Item 25)?
An exported service is a service sold or provided by an establishment located in the U.S. to a customer located outside the United States. The U.S. includes all 50 states, the District of Columbia, U.S. Commonwealth Territories, and U.S. possessions. The non-U.S. customer may or may not be an affiliate (or subsidiary) of the U.S. seller.
14. How should capital leases be reported (Item 26)?
Under a capital lease, the lessee is responsible for all service and maintenance of the leased asset during the lease period, and has the option to acquire title to the asset when the lease period is over. Please report capital leases in Item 26 of your census form.
15. What is a franchise (Item 26)?
A franchise is a license granted by a company (the franchisor) to an individual or firm (the franchisee) to operate a retail, food, or other business outlet where the franchisee agrees to use the franchisor's name; products; services; promotions; selling, distribution, and display methods; and other company support.
16. Why is a certification required (Item 30)?
Certification confirms the time period for reported information, identifies the form's completion date, and provides a contact for use if the Census Bureau has any questions about the completed form.
