We have had people run the commission through work before, and they pay 100% of it back to the employee (again since they don't care about the residential side of agency).

@Dane FitchSelf-directed Solo 401k plan are designed for those who are either self-employed or own a business without any full time employees.

@Dave Foster,  so you can have a TIC combined under one entity?  

1099 is one of the best ways to identify someone working for you is an independent contractor and not an employee. 

In Connecticut, I understand that property managers hired by property owners must be licensed.One of the exceptions is if you're managing your own property or you're an on-site employee managing the property.Here's my question.

If you're looking to do that and still get all your entitlements as a W2 employee then roll w/ it...pay yourself 1k/month and then 0 it out on scheduled wright offs...

Researching markets, fostering relationships with brokers, finding and vetting deals, obtaining experience, raising capital, arranging bank funding, vetting management companies...the list goes on...is hard work; so, the deal structure is set up so that the sponsor gets compensated for that work with a 70/30 split rather than proportional.  

We're always looking to create new opportunities and foster great relationships! 

@Mark Rogers if you're looking for local CPA, talk to Tim Johnson at Bell Foster Johnson & Watkins in LR.

I would ride my bike beside her as we talked about how our business would run, how we would treat our employees, and how we would use some profits to help the disadvantaged. 20 years later, the dream is still alive!