The bank is not required to send a 1098 if the interest they received from you is less than $600 or if the interest is “received from a corporation, partnership, trust, estate, association, or company (other than a sole proprietor) even if an individual is a coborrower and all the trustees, beneficiaries, partners, members, or shareholders of the payer of record are individuals.”You can read the instructions (and exceptions) for the form here:https://www.irs.gov/instructions/i1098Whether or not they send the form, you should still be able to deduct the interest you paid if it’s a valid business expense. 

A sole proprietorship must use the owner's surname or register and pay for a DBA name.CredibilityForming an LLC can increase a business owner's credibility.Pass-Through TaxationBoth sole proprietors and LLCs are taxed as pass-through entities by the IRS.

I am a sole proprietor.

You are operating as a sole proprietor.  

I will keep you guys posted and give you an update when I revisit this.I never thought of running a sole proprietor business as a house flipper.

I visited an area of Omaha that is being “revitalized” and spoke with a local proprietor who shared current happenings as well as some rumblings of future endeavors.

I am a sole proprietor with a handful of properties.

We are relatively new to the real estate investing business, have two properties, both sole-proprietor owned (no LLC) with maximal insurance.

@James McGovernTo tag onto @Cara Powers post...Remeber single member LLC’s are disregarded entities so they file like sole proprietor...For flipping, mainly the expenses go towards your cost basis.

When using my social for the sole proprietor it had my name incorrectly inputted in the online form (which you cannot change) so I had to go in person.