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Capitol Connection Q&A for Contractors - Week of May 27, 2019

By Shauna Krause, President, Capitol Services, Inc.

You can’t buy forgiveness or ‘rent’ some things either, despite what rumors may have you believe. Just don’t do it…

Q: I am looking to purchase a contracting business but I only have experience working on my own houses and family member’s homes. I understand it is difficult to qualify based on experience gained as an “owner builder”, or handyman tasks that I have done for family. I’ve heard that it’s possible to “rent” an RMO (Responsible Managing Officer). How does that process work?

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