Agent as LLC?

[Jordan Caroleo]

Hello all,

This is my first post on the BP forums. I'm a long time blog reader and I'm just getting started with my own real estate "soon-to-be empire."

I passed my pre-sales exam and received my license a few months ago. Prior to which, I, along with close family and friends, have been acquiring properties for long-term investing and rentals around the NY & LI area as an "undefined" syndicate. This is done under an LLC which ownership equally distributed.

Getting to my question...

As I'm going to become and agent under a brokerage (which I wont mention) should I incorporate myself and defer all earnings from my agent-related business to an LLC? S-Corp? Etc?

Is this possible? Pros? Cons? Tax incentives? Insurance?

Thank you all for your time. I'm looking forward to contributing and becoming a firm member of the community.