My concentration is wholesaling or in other words selling my position. My question is that I just got my EIN number for a sole proprietorship, and I have to register for a liscense in my area. Now do I tell them that I am a consultant since I’m not a real estate agent? Just curious of what I need to say so that I am protected! Thanks in advance! :help
Protected from what?
As a sole prop, a DBA is enough for you to operate in the name of a business and you won’t have all the requirements of entities.
What kind of license?
If you are talking about a business license, make sure that a license is really required to buy and sell your own property. If you do need a license, tell them that you are a dealer to real estate and that you buy and sell as a principal in the deal.