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The Daily Insight

Did Mauricio start the agency?

Author

Sarah Duran

Published Mar 01, 2026

The Agency’s founder & CEO Mauricio Umansky talks luxury real estate moving into 2021. Umansky founded the luxury brokerage firm in 2011 as an “industry disruptor” with one small Beverly Hills office.

Who works for Mauricio Umansky?

Mauricio Umansky and PK Kemsley from The Real Housewives of Beverly Hills are taking Umansky’s real estate empire, The Agency, to Kemsley’s home turf. Mauricio Umansky and Paul “PK” Kemsley from The Real Housewives of Beverly Hills are joining forces for two exciting new ventures.

What is Mauricio worth?

Mauricio Umansky Net Worth 2021: Age, Height, Weight, Wife, Kids, Bio-Wiki

Celebrated Name:Mauricio Umansky
Children:Yes (Sophia Umansky, Alexia Umansky, Portia Umansky)
Dating/Girlfriend (Name):N/A
Profession:Real estate agent
Net Worth in 2021:$150 million

Can a real estate holding company be incorporated?

While real estate investors can choose to incorporate, the flexibility of an LLC real estate holding company makes it the recommended formation for investors.

How are real estate partners taxed as a corporation?

Instead, partners may elect to have the company taxes as a corporation or a partnership. Most real estate partners elect to be taxed as a partnership rather than a corporation so that profits are passed directly to partners without further taxation.

How to legally structure a real estate partnership or LLC?

Usually, limited partnerships require a filing with the Secretary of State’s office before they are formed. The most popular form of a business partnership across any industry is an LLC. However, most real estate professionals choose to form a partnership rather than an LLC for a couple of reasons.

How are the wealthiest real estate investors structure their business?

An alternative option for structuring a real estate investment business is an LP/LLC hybrid. In this structure, real estate assets are owned by an LP, consisting of one or more limited partners and a general partner. The LLC serves as the general partner and is responsible for the day-to-day operations of the business.