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Updated over 6 years ago on . Most recent reply

Can a broker pay an agent through the agent's LLC?
Does anyone do this in order to save on self employment taxes?
A few relevant statutes (that dont actually seem that relevant once you pick them apart) -->
TRELA §1101.651(b)
https://codes.findlaw.com/tx/occupations-code/occ-...
(a) A licensed broker may not pay a commission to or otherwise compensate a person directly or indirectly for performing an act of a broker unless the person is:
(1) a license holder
...so they can pay indirectly.. through the llc...
. [TRELA §1101.355(c)]
(c) A business entity that receives compensation on behalf of a license holder must be licensed as a broker under this chapter.
...right... that is the friggin broker.. no one can get compensation unless through a broker...