What is meant by "real estate dealer"?
Hi. This is what Social Security's operations manual states about real estate agents/dealers:
"To be considered self-employed, a real estate agent must:
a. Be licensed;
b. Derive substantially all remuneration directly from sales activities, rather than the number of hours worked;
c. Perform under a written contract stipulating the individual is not an employee."
For the IRS definition, refer to the following webpage: https://www.irs.gov/businesses/small-businesses-self-employed/licensed-r....
I hope that addresses your question.
Best, Jerry
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Posted:
Dec 13 2022 - 10:27am