It keeps things cleaner and clearer should you have any issues or audited.  

X possibilities to look at closer = Y PSA's.Figure out how many leads you must burn through to get to one Lease Audit and that will give you an idea of your workload to get a closed deal.If you have burned through (just picking a for instance number here) 2,000 so far and not one meets your employers criteria...that seems like looking for a needle in a haystack.But it could be worth it...depending on how much you make for that needle and if you get a part of the deal or not.Just my 2 cents.  

I don't know if you will get audited, but if you do, this is very questionable at best.

John has over 30 years of experience with real estate investors, business consultation, taxes, financials and audits.

John has over 30 years of experience with real estate investors, business consultation, taxes, financials and audits.

They aren't allowed to profit from interest on the balance, for example, and they have to periodically audit the account, and refund you any surplus.

Keep in mind, holding documents longer than required can create problems by raising additional questions in an audit.

They are also doubling the size of the IRS and plan to greatly increase the number of audits. 

For example if you were audited, sued or died.

You should be a C Corp since your Reg A+ can be up to $75 million if your Corp is not previously operational you should do a Reg CF up to $5 million to get started you should have a minimum of 100 investors and audited financials to be declared a REIT after 1st year of income.