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Updated about 2 years ago,
Can husband wholesale and wife be a realtor?
I just got my real estate license in Texas and my husband wants to be a RE wholesaler (does not have a RE license).
Does he have to disclose his wife is a realtor? Reason being he would buy the properties under an LLC in which I/wife/realtor is the managing member of the LLC. However I/wife wont be transacting with the sellers. My husband/wholesaler would then assign the contract to another party/company (wholesale). For some properties I would be the end buyer (keep the property in the LLC) and then flix/flip the property. Remember the managing member of the LLC buying the property is me/wife/realtor.
Are there any husband/wife teams like this? How do yall structure the business?