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All Forum Posts by: Robert Carter

Robert Carter has started 1 posts and replied 4 times.

the LLC is in the of "Carter Properties, LLC" ( nature of business: managing properties).

And I am willing to do what I need to do. Thus me wanting to make sure of things.. We have several investment properties we rent out and A tenant brought it to my attention. He makes the rent payments out to the _________ proerties LLC, versus my name. The tenant stated prior rental, a lady he rented from was a LLC proerty management, and her deeded property I leased was in the LLC name as the owner of real property. I Just want to have my ducks in order. A couple of the investment properties are in the sole name of my wife but I manage those as well so again, trying to figure out the rules. and all the information has been helpful.

Not exactly sure how it's "confusing". And I found out by calling the North Carolina commission and at first the rep wasnt sure either, but she later had a legal representative call me back to clarify and stated that yes, one should have a brokers license if conducting business as a property management company. She stated if the properties were listed in my LLC name, then I would not have to be a broker, however, since the deeds are in my wifes and my personal name and not affiliated with the LLC property management, im STILL managing others properties, ie "wife"

I am in NC and been facing a delima and conflicting information. Me and my wife have several investment properties in our personal names. "I" myself am incorporated in NC as an LLC properies management. My wife is not associated as a member to the LLC.

I realize you do not need to be licensed to lease out or rent out your own property, however, being that the properties are not listed in the LLC's names and my wife is not an agent or employee of the LLC, I should have a brokers license to conduct such business? versus if the properties were listed in the LLC's Name and me the owner of the LLC.

I have received conflicting information. Even called the NC real estate commission and they were not exactly sure!!!!!!!

anyone with information on this , it is greatly appreciated.
thanks