Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago on .
Most recent reply
presented by

Legal issues on referral fees...
I run a furnished rental by the room that has five bedrooms which are rented at $60/night for an average of 4month stays. So $1800 per room. Business is competitive and highly based on referrals. I want to give up to a $1000 referral for anyone who refers someone to stay for 4+ months. Can anyone point me to resources about legal issues with this? Who can get the referral? Is there a $ limit? Anything Texas specific? Etc.
Thanks BP,
Patrick