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Updated over 9 years ago on . Most recent reply

User Stats

69
Posts
14
Votes
Brian Knox
  • Mauldin, SC
14
Votes |
69
Posts

Am I doing this small business thing right?

Brian Knox
  • Mauldin, SC
Posted

If I simply want to manage a few properties for my dad (collect rent, do small projects, coordinate repairs), do I need to have a license for that?

Can I just establish a small business (sole proprietorship) and file along with my personal taxes and social security number?

This question seems so basic, right? But - I promise - I have called the SC Dep of Rev AND the SC Business Service and still not gotten a clear answer.

Please help!

Most Popular Reply

User Stats

69
Posts
14
Votes
Brian Knox
  • Mauldin, SC
14
Votes |
69
Posts
Brian Knox
  • Mauldin, SC
Replied

Great feedback. Thank you so much, guys!

@James Wise, from my limited understanding: if you go through the whole process of being licensed as real estate agent, you are then licensed to manage property.

But if you don't want to become a buying/selling agent, you can simply pursue a manager's license with less time and money involved.

http://www.wyattinstitute.com/Applications/Courses...

Live large!

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