Lending for flips and dealer status with irs

[Giedrius C.]

After paid consultations with high profile CPA's who specializes in real estate I have contradicting answers to my question, I wonder what bigger pockets folks think about it.

Question is will irs assign dealer status to private lender who lends money for flips? One answer was that no, because interest is not subject to self employment tax, another answer from different cpa was that if it is continuous activity that brings significant % of person's income, then yes, the person will be treated as a dealer and his income will be taxed with self employment tax. What do you think?