Brian Jenkins
Junior Member
- Joined
- Sep 28, 2017
- Professional Status
- Certified General Appraiser
- State
- Tennessee
I am wondering how most appraisers form their businesses. I am a one man show and do residential appraisals for AMC and local lenders. I work in Tennessee and while businesses involved with mortgage lending, surveyors and architects are exempt from business taxes, according to the state appraisers are not. I argued I am involved in the mortgage lending process to no avail. To try and go before the board and argue my case costs a nonrefundable $500. I am curious as to how to avoid the 6.5% tax. Should I just not have a business name and sign up with clients under my own name and social security number? Again I work from home office and have no employees. Thank you in advance for any help.