Business licence in Wisconsin?

[Derek Peruo]

Hi everyone!

I know real estate brokers and salespeople need a professional license to conduct business in Wisconsin, but does anyone know if a real estate investment company needs a business license to conduct business? I found a reference to Real Estate Business Entities but I can't tell if investors fall under that category.

Anyone have any insights?

[Scott Schultz]

No Business License is needed unless your municipality requires one in WI, you can fly as a sole proprietor, LLC, LP or Corp. biggest thing to watch out for is being identified as a business at your home, the municipality wants to nail you with personal property tax.