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All Forum Posts by: Sebastian Gomez

Sebastian Gomez has started 1 posts and replied 3 times.

Starting Out

Post: Creating a Property Management Company As a Realtor in Illinois

Sebastian GomezPosted
  • Posts 9
  • Votes 0
Quote from @Tanner Lewis:

I would make a separate entity if the function/assets of the business are different than that of your current entity


 What do you have in mind?

0 Votes
Starting Out

Post: Creating a Property Management Company As a Realtor in Illinois

Sebastian GomezPosted
  • Posts 9
  • Votes 0
Quote from @Jason Taken:
Quote from @Sebastian Gomez:

Hi everyone,

I am looking for some advice on how to form and operate a property management company in Illinois as a realtor. 

I currently am a realtor in Illinois and I operate my business under a LLC. How would I need to structure my LLC in order to open up a property management company?

Thank you in advance!


Need a little more information. What are you trying to achieve? LLC structure has very little to do with company operations.


What I am trying to achieve is how to properly open up my property management company and structure it under my current llc in which I operate my real estate business under. As a bit of fore sight, My business partner and I plan to scale the business to have employees.

I am currently paid through my llc for selling homes, but the issue is that when I am to be paid for services of property management, the funds have to pass through my managing broker's office. I am a bit confused on how to structure it all to keep the funds from the real estate business and property management business separate. 

0 Votes
Starting Out

Post: Creating a Property Management Company As a Realtor in Illinois

Sebastian GomezPosted
  • Posts 9
  • Votes 0

Hi everyone,

I am looking for some advice on how to form and operate a property management company in Illinois as a realtor. 

I currently am a realtor in Illinois and I operate my business under a LLC. How would I need to structure my LLC in order to open up a property management company?

Thank you in advance!

0 Votes