I am concerned that once I pass my exam, I will need to work under a broker to have and maintain "active" status.

After that end date lapses, the agreement automatically transitions into month-to-month status.

Providing false information...e.g. dog breeds, income, employment status, etcUsing emotional manipulation..."

Generally they will accept what you give them but if they have actual knowledge about your situation that the w-9 does not reflect your status, they can hold the funds until you clear it up and give them the right form.The W8s and W9s don’t get filed with the IRS, they are held in the records of the mgt co.

Property #2:Location: Columbus, OHSize: 3 BR/ 1 BA (950 SF)Source: MLS (VA Foreclosure)Listing Price: $69,500Purchase Price: $69,500Rehab: $17,000Purchase Date: Nov 2019Funding Source: Hard Money @ 12% for purchase and rehab, Cash (HELOC) used for 20% down pmtOccupancy Status: VacantAppraised ARV: TBD (estimated at $110k to $115k). 

In my research I didn't realize that the anonymity status could be removed.

You've got rock star status going here...

I'm looking under 800k (under jumbo loan status), for 3+bd/2+ba with 2 car garage and big lot.

Seeing that you posted this a few months ago I am curious to check your status and see if you decided where to invest?  

He no longer has his license at a brokerage but MA has a "referral" type of status that allows him to maintain his license and still earn a percentage of commissions for anyone he refers out to an active agent.