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Updated over 8 years ago on . Most recent reply

User Stats

6
Posts
1
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Evan Trang
  • Athens, GA
1
Votes |
6
Posts

Using my own LLC to manage my own property, without RE license.

Evan Trang
  • Athens, GA
Posted

Hi BP members,

I'm thinking of buying a quad under my name and using my LLC to manage it. Georgia requires that you have a real estate broker's license to manage other people's property. Technically I own the LLC and the property, but the LLC is not on the deed. Am I violating any laws here? The reason I want to manage the property under the LLC is to shield the fact that I'm the owner and build business credit to eventually buy properties under my LLC. Any advice is appreciated.

Evan

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