What are the fallacies involved in racism?

I see the issue, as I see many issues, as an acceptance of the wrong premises which then lead to a wrong conclusion. 

First define terms. Racism is the belief ascribing intellectual, moral, social or political significance to a person’s genetic lineage. Restated, racism holds a person’s intellectual and character traits are produced and transmitted by parents. 

Because racism contends the content of the mind (not the cognitive apparatus, but the content) is inherited, it logically follows that any individual’s convictions, values and character are determined before birth by physical forces beyond the control of the individual. Thus, racism negates two aspects of human life: reason and choice, and replaces those qualities with predestination. (Predestination, also known as determinism, is beyond the scope of this discussion and is self-contradictory.)

The effect of racism is to judge a person by the character and actions of a collective of ancestors and not by the individual’s own character and actions.

Even though I have disagreements with Ayn Rand, she wrote an excellent essay on the subject. It was originally published in the September 1963 issue of The Objectivist Newsletter, and included as chapter seventeen of the book The Virtue of Selfishness: A New Concept of Egoism. 

It's not a fallacy it's simply an opinion like communism feminism and others. Of course it can contain fallacy like

"Milk is white therefore black people should be killed."

This agrument is a non sequitur.

It all depends on the argument being made. Fallacies are mostly context independent, meaning that whether it be racism, sexism, religion, politics, or a drunk uncle making Qanon arguments, it could be virtually any fallacy.

Racism, communalism and sexism are biases and prejudices. They are not LOGICAL fallacies.