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Updated about 14 years ago,

User Stats

196
Posts
2
Votes
Jason K.
  • Involved In Real Estate
  • Houston, TX
2
Votes |
196
Posts

Real Estate attorney -- any references? Do I need to form an LLC here?

Jason K.
  • Involved In Real Estate
  • Houston, TX
Posted

I've got a concern I need answered about birddogging. I am licensed.

1. As a licensed investor in Texas, what actions must I take in order to be able to pay a partner (birddog), where it is not considered paying an unlicensed individual real estate associated "commissions" or "fees". Must I set up a LLC? Limited Partnership? Please explain or PM me. I must also note that I am not acting as a realtor in this scenario, and am just wanting to reward & split my earnings with my partner/birddog.

In essence, at what point can birddogging become ethical and legal, and not get me into trouble waters?

:oops:

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