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Updated about 11 years ago on . Most recent reply

User Stats

14
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0
Votes
Scott Avidon
  • Wholesaler
  • Sanford, FL
0
Votes |
14
Posts

DBPR says I need a RE License to Flip?! (Florida)

Scott Avidon
  • Wholesaler
  • Sanford, FL
Posted

Hate to bring up an old post but some archive searches yielded nothing...

I am applying for the county occupational license as these are required in my county for flipping under my corporation. I needed to know if I should apply for the non-regulated or regulated license. I was told to call the DBPR and ask them.

They tell me that I need one because I'm receiving "compensation".

I reminded them that my company pays me a salary that is non-dependent upon the profits of individual deals.

I also tried to tell them that the Florida Statues clearly states that corporations may buy, sell, exchange, lease their own property without a real estate license.

Now the problem comes in that I can't file non-regulated unless I have a conversation reference number from the DBPR saying that I don't need one.

What do I do now?

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