TN 9 (02-98)
RS 01803.610 Real Estate Dealer
DEFINITION OF REAL ESTATE DEALER
A real estate dealer is one who is engaged in the business of buying and selling real estate for a profit.
He/she holds himself/herself out as available to buy and sell property which he owns. Rentals from real estate which accrue to him from property he/she is holding for sale in the ordinary course of his business constitute NESE.