Does my business require a brokerage license to own/lease rental property?!
2 buddies of mine and myself have opened up a business and plan to purchase and lease property via the business. Is there an issue doing this through the business entity instead of as individuals? I read somewhere that some states require brokerage licenses for us to do this. Anyone have basic knowledge on this? Also how do I find out if New Jersey requires this? Just hoping our business creation was not a waste of time. Any information is greatly appreciated.