I understand this means I am an "employee" of the SLLC but I'm not sure what I should list my own salary as if one at all or how that works.

I can't currently qualify for a standard refi as I changed from a W2 to 1099 employee.

I wonder if maybe  it would beneficial to be a salaried, w-2 employee.

Note this only applies if you have a business where you and your spouse are the only employees. 

The company has about 50 employees, roughly half of whom are attorneys, and plans to make more hires.

If you are in the E-quadrant and utilizing an Employer-sponsored 401(K), your funds built up in this investment vehicle are actually already sheltered from inside attacks that could result from a lawsuit at one of your properties by ERISA (Employee Retirement Income Security Act).  401(k) ProtectionEmployer-sponsored 401(k) plans are safe from lawsuits.

Managing employees, managing tenants, can be a nightmare and distraction from my core business which is to raise capital and close deals.

If you are self-employed with no full-time employees, you can set up a Solo 401k through a 401k provider which allows for investing in real estate.

It's against the law every state because you're a licensed broker/agent/consultant and that is what you do for a living (you're an independent contractor) you're not working as an employee nor a contractor for the MLS. you'll have to run the fee's through your broker in order to stay legal and you may want to detail to your broker office what you'll be doing.If you own your own company then you'll know how to proceed.

If the owner was to put me on as their employee would that work?