The commissions received by the agent are often reduced by broker cuts, co-broking, franchise fees, advertising and other fees.4. 

My partner and I are in contract to purchase a franchise that has the potential to make millions. 

As far as Franchises for Brokers, I've always been impressed with KW, you may want to visit them, then get the red book and blue book.Meeting on basic values and Abatements this month, 1/26, site should be in my signature.

I have friends and aquantices that own  Papa murhpys  sub ways and other franchise type business's  they make a very good living and once its up and running they have all the free time or more free time than I do as a real estate junkie.when I see kids say I have 50k what do I do.. in my mind you buy a business you don't buy one rental property.. whats one rental property going to do for you.unless you have the means to really scale rental properties there are all sorts of things to do FIRST before you start investing in cash flow real Estate..

I got out in 2015 and have been doing real estate and franchising business since. 

This implies finding a structure exempt from TN's excise/franchise taxes, rendering inheritance taxes inapplicable when my parents pass away, and if possible, that my parents obtain the income from the rental property so that they end up paying taxes instead of me.

Are there franchises?

You will not have to pay quarterly taxes as you have no income (assuming your business is sitting on the shelf), however, you will be required to pay the annual franchise tax for having the entity.

There are a few franchise property management platforms.  

Broke at the age of 66, he packed up his car and traveled the country franchising his recipe.