General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago,
Can I manage my parents rental properties?
Hi everyone. So here is my question.... my parents have 7 rental units here in Illinois. They want to travel and have me manage their properties. (Showings, lease signings, etc) Am I allowed to do this for them, if I don't accept any form of payment or compensation from them? I am not a broker... that's why I worry about the legalities of just helping them out. Again, I'm not receiving any compensation for this.