# LLC for real estate agents

Source: https://joinopenfile.com/use-cases/llc-for-real-estate-agents
Index: https://joinopenfile.com/llms.txt

Agents often want an LLC to receive commissions and separate their business from their personal money. Whether that works depends on your state and your broker.

## Ask these first

Your license normally has to stay with your broker. Some states let a commission go to an LLC and some don't, and a few need a specific entity type for licensed work. Your broker and your state's real estate commission can tell you which applies.

## What an LLC doesn't cover

An LLC doesn't shield you from your own professional mistakes. That's what errors and omissions insurance is for.

## Questions

Should an agent be an S-Corp?

Some are, once income is high enough to justify payroll and extra filings. An accountant can run the numbers for you. We can file the S-Corp election once your LLC exists.

We're not a law firm or a tax adviser. This is general information, not advice for your situation.

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