The commission may impose a civil penalty of no more than five thousand dollars upon any unlicensed person who, after a hearing or informal resolution in accordance with all provisions of this Chapter and the Administrative Procedure Act, is found to have engaged in real estate activity without the benefit of a currently valid license having been issued by the commission pursuant to the provisions of this Chapter.

But actually the issues that I had were not operational issues, it was more administrative/red tape and I don't think an inspection would have caught it...

.-  In general, I find the Borough administration to be very disorganized. 

https://www.irs.gov/pub/irs-pdf/f1099c.pdf - Also why does it say this in the 1099-c Instructions form: "A debt is any amount owed to you, including stated principal, stated interest, fees, penalties, administrative costs, and fines.

But you are also not required to give the forms back as they consented to you looking up their credit and personal information on the app form and it is now considered administrative records for your business.

Now, you can also employ an agent or broker to do support type work unrelated to listings or showings, doing analysis, running comps and getting a BPO or any other administrative duty.

Very nice William E.I'll go ahead and throw out one of the terms I saw in the glossary.Conventional Mortgage – A type of mortgage not insured by either the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA), and thus usually requiring a 10 percent – 20 percent down payment.

@Mark BoumanIt's probably more of an administrative pain than it's worth to depreciate them as a fixed asset.  

Government agency called the Federal Housing Administration. 

Here is what I found out for our LLCs -- I can hire an administrative person to become an employee of my LLC.