Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Agent
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

User Stats

4
Posts
0
Votes
Danita Francis
0
Votes |
4
Posts

What is the Best Licensing Structure for Agent Investors?

Danita Francis
Posted

Hello,

I am getting my Missouri real estate license currently and am wondering what would be the best business structure (pros/cons). Once I get my agent salesperson license and am working under a broker, am I able to operate under the liability protection one of our current LLCs while also working under a broker as an Independent Contractor getting 1099s? What would be the pros/cons of opening an LLC exclusively for my real estate license? Or how does/could this work/does this ever happen/is it allowed/pros/cons? (I would primarily only be using the license to buy and sell our fix and flips so I can save on commission while also having a little more control over the process. Plus, I enjoy it. I may use it to help my sister on her fix and flips, also.) If there is a thread on this somewhere, I'd love to read it, just couldn't locate it. Thanks!

Loading replies...