You can manage someone’s property under the sponsorship of your sponsoring broker and you can only receive compensation from your sponsoring broker when receiving compensation for any type of real estate activity.
A holdings company only means the sponsoring broker is not a member of the Association of REALTORS. As far as the State of IL is concerned, your license is no different than a licensee selling 10 Million dollars in real estate.
The state allows your license to go into inoperative or non-renewal status for up to 5 years. You will just need to complete the proper CE and fill out a reinstatement form with the all fees owed. I can assist you with this.