The listing and selling brokers then pay their respective agents based on the split that the agents have agreed with their respective brokerages. 

I know he is in a financial situation where the expense is not an issue, but morally I feel a sense of responsibility to cover some of the costs out of respect. 

I completely respect that.

@Joshua HollandsworthWith all due respect, if you read all the posts, I think you have all the info you need to take action to figure out if this will work or not.

Your post bothers me in the respect that you don't have an exit strategy.

I would imagine it’s as simple as selecting the right bank account for the portfolio’s respectively properties, right?

I would love to hear from anyone willing to offer advice for novice REI with respect to buy and hold rental strategies, building a network, learning and finding various lending options, etc.This is my first discussion so if I've left out anything glaring please go easy on me.Thanks,Mike

Assuming the property is indeed owned jointly between the aunt and nephew, then 1/2 of the sale would be reported on their respective tax returns, and subject to their respective capital gains tax rates.FYI - a POA becomes null once a person is deceased.

This was a long term tenant who I like and respect, it was fun to show her my trust and support. 

A farmer will connect her, without self interest, and will continue to do so indefinitely.Ultimately the work can bear fruit many years down the line with a business opportunity, well after the salesperson has gained the prospect’s trust and respect.