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Updated about 5 years ago,

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13
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7
Votes
Jed Burkey
7
Votes |
13
Posts

Any advantage to a SPOUSE becoming a real estate agent?

Jed Burkey
Posted

As I'm researching the pros/cons of getting my real estate agent license, one of the main cons that keeps coming up (other than the cost of getting and maintaining the license) is having to disclose your status as an agent in any RE transactions that I would have a financial interest in. If my wife gets her license instead of me, would I still need to disclose a "conflict of interest"? What if her name is not on the title and/or the property is held by an LLC and not directly in either of our names? Any other tax consequences related to REI I should know about for either myself getting a license or my spouse?

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