How to legally structure a wholesaling team?

[Maria Villamar]

My friend wants to join a real estate agent in Philadelphia, PA who also does wholesaling but isn't sure on whether or not to do "business as" herself to report income from wholesaling or if she should request the agent to create an LLC and then become an "employee" although since they are building the business together they are business partners.

In that case, should they create a partnership? How should they report income on property assignments?

Friend does not have a real estate license, and they are about to get their first deal under contract. Thanks a lot for your help!