If you're still mid-career and looking to simplify both your taxes and your business structure, I'd start looking into creating the brokerage as an S-Corp, leaving your particular earned commissions in and pulling a salary from the brokerage. 

I finally have something worth registering and posting about.I made a long winded post regarding a contractor that wants more money beyond our contract price in the new construction forum and it unfortunately didn't get any traction so I will simplify it.

The link above provides a simplified explanation with examples which I found to be very helpful. 

Because the laws are very complex in this area.Here's a simplified example. 

If I were them and I was presented with those two offers I would first need to determine my capital gains liability, and if it was low enough I’d choose the seller financed route and then give you notice a day after closing that I want you to cash me out.My suggestion: simplify.

To simplify things, I like think of repositioning MF properties as just flipping “bigger homes”, but I know it’s a different animal completely, especially the part of managing the income/expense game with inherited tenants.

The member may also be anticipating that he'll be transferring to another assignment as soon as he returns from deployment and is trying to simplify things now so his spouse isn't stuck with packing up a house on her own.  

Unless an Investor, who I know nothing about, peppers me with at least 100 questions, I tend to lose interest.But seriously, you can simplify your search by having answers to the following  questions that the Lender will have for YOU:1.

This is an over simplified explanation.

That greatly simplifies things.