What is a Tax Identification Number | Probate Listing | Trust Sale

Описание: I often get questions from my clients about what is a tax identification number when selling a house and representing in estate? The tax identification number is necessary when acting as an executor or an administrator. The official name is employer identification number or EIN. But it is commonly called the tax identification number.


If you are thinking about specializing in probate real estate, the question that will come up for you from the executor or administrators that you're helping is... Do I need an EIN? The answer is absolutely, Yes.


The Internal Revenue Service, the IRS, issues the EIN. In this video I explain what the EIN is used for and how to help your clients in probate obtain an EIN.
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Welcome to my YouTube channel. My channel provides information, stories, tools, tips, and advice to help you grow your real estate business by becoming a Certified Probate Real Estate Advisor.

I made the decision to focus on probate real estate I realized I needed a PLAN to figure out how I was going to market myself and to whom. Then I needed to PREPARE all the marketing materials – the letters, flyers, emails, scripts that I wanted to use. How was I going to PROSPECT for leads? Once I got a probate listing I needed to PERFORM, creating outrageously happy clients. Finally to sustain my growing probate real estate business I needed to establish ways to PROMOTE myself.

Over the years I developed a systematic and thorough business model that I follow for every single prospective and new client. With my business model I use specific, detailed Action Plans that I created to guarantee no important detail in the entire process – from marketing to closing – was ever overlooked.

Visit https://www.probatebiz.com/ to see how you can take what I have learned and developed over many years so that you too can become a Certified Probate Real Estate Advisor.

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I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.

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