Realtor Investors - How do you handle commission?
This is a question that I'm probably overthinking (since I like planning I do that often), but...
Investors that are also Realtors - how do you get paid commissions when you sell or lease a property (including ones that you do not hold equitable interest)? Does it go under your investment company as income? Do you have an entirely new company for realty commissions? Or does it simply go to your personal account?
I have an LLC for my REI. I'm thinking that I should have all commissions go through the LLC. Tax wise it shouldn't make a difference, but at least the added income will help my financial statements.
