House Flipping Agent Questions!

[Shaydon Childers]

My wife (licensed agent) and I are (new) investors with 1 rental property. We are considering partnering with a long time friend on a flip. I am curious on how we could best structure her commission into the deal to save on taxes/up front cash expendures/brokerage commission splits etc. 

House purchase is 530K, rehab approx 130k and comps are 800k. My friend has a hard money lender and an LLC he uses for flips. He has done approx 10 deals in the past 3 years, some with partners. Partnering is new to me and I would like any advice from people who have done this before. Thank you!