Skipping legal help here, especially for a 50/50 LLC, is asking for trouble.Disclaimer: While I’m a licensed attorney, I’m not your attorney.

Also was wondering if I would need a real estate license to wholesale in PA or the surrounding area. 

Should I get my RE license?

I will soon graduate college with a degree in finance and accounting, I hold a PMP certification along with a few others and plan to work on my real estate license and maybe in the next couple years obtain a residential contactor license.

Cost segs unlock these savings, but the losses won't offset your ordinary income from your job unless you are an RE Pro.Here's how to think about RE Pro status to make the best case with your CPA and the IRS:RE Pro Status starts with the IRS definition of a Real Estate Professional (IRS Pub 925).It is not as simple as getting a real estate license or working for a firm that provides real estate services.Ask yourself these questions to see if you qualify:Q1: Are you in the right business?

I have not been able to locate her since Aerowood was stripped of their real estate license.

If I use a licensed PM, the onus would be on the PM who would carry his own E&O insurance.Interestingly enough my employees were asked what the owner did all day.

5- how many workman were on the job, what hours did each put in6- how many of the workman are LICENSED plumbers?

We always require a photo of the front and back of their driver's licenses.

Keep in mind that when you are licensed as an agent, wholesaling can be restricted or disallowed by your brokerage so you want to check there first.