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No, you do not legally need a contractors license to flip houses.With a license, investors may work on the individual assets themselves instead of hiring a contractor. In fact, some investors prefer working on their own properties, but doing so will certainly take a lot more time.
WHAT IS THE REQUIRED FEE FOR THE LICENSE? The examination fee for each classification is $120. For more information visit the Louisiana State Licensing Board for Contractors fee schedule.
Louisiana. A handyman must hold a state license in Louisiana for home improvement projects or residential projects where the labor and materials cost more than $7,500. The residential license is issued by the Louisiana State Licensing Board for Contractors.
A Louisiana state contractor's license/registration is required if you contract, bid, or perform work where to total project value including labor and materials exceeds the minimum threshold to hold a commercial license, residential license, mold remediation license, or an home improvement registration in the state of
Must be at least 21 years old. State issued driver's license. Valid social security card. Submit to finger printing. Submit passport photo. Complete (2) 8-hour trainings. The first 8-hour course is about the contract security company.
Application & exam fees For one classification, the fee is $100, for two the fee is $195. A full fee schedule is provided on the LSLBC website. In addition to the application fee, you will also be required to pay an exam fee for each of the two required exams. The fee is $120 per exam.
If the total project amount exceeds $50,000 for commercial projects, $10,000 for plumbing, electrical & HVAC, and $7,500 for residential projects, a contractor's license is required.
