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Updated over 3 years ago,
Advantage/disadvantage of getting sales person license
I am a do it yourself investor. Mostly single family home, buy and hold as passive activity. I was considering getting a SalesPerson license, mostly to allow me flexibility to
1. Write my own offers
2. Flexibility of not calling another agent if i want to see homes.
3. Use depreciation losses to offset the income - overcome limits of passive activity.
Any thoughts on disadvantages?