An EIN is good for disregarded entities as you don't have to give out your social security number.The title company likely is asking for a W-9 form instead of a 1099.The W-9 form will mention items like your name/business name, EIN/SSN, entity status, etcYou would then be issued a 1099 by the title company by the end of the year.The next step is reporting the wholesale income on your 2021 return.

Most likely too much of a pain to do the above, but: did you ask to see the credit report and background check? 

Market has changed...old rules don't apply..and it seems to not be showing down contrary to news reports.

Additionally I have liquid assets to cover a 20-25% down payment on a triplex I found.I have W2 income and this year started a side hustle so will have 1099 income to report as well.

If there is nothing to collect, they could garnish your future wages, send you to collections, or even try to bring criminal charges against you by reporting you. 

Link to my report is below.  

You'll go into the Trade area to run your 1, 3 and 5 mile radius reports.

Seller provided inspection reports with the purchase.

S-corps are pass-through entities.You earn and report income as the S-corp earns it.S-Corp do not have dividends, they have distributions.Distributions have to be tracked for basis purposes.Best of luck

I saw one of my tenants name in the police report section of the newspaper.