Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago,

User Stats

34
Posts
58
Votes
Timothy W Hanson
  • Investor
  • Minnesota/Wisconsin/Iowa
58
Votes |
34
Posts

How do you pay your Park Manager? Cash/1099/etc

Timothy W Hanson
  • Investor
  • Minnesota/Wisconsin/Iowa
Posted

Hello everyone!

My on-site park manager gets free lot rent, and also sends me a timecard every month. The timecard logs the hours he spent mowing community areas / shoveling snow in the winter / taking care of trees or picking up trash. These are things I authorize him to do. Typically this adds up to $350-$400 per month or less at $15 per hour.


Would you be willing to pay him cash? He is good honest worker, and an asset here in my business. So I wouldn't mind doing what I can to setup this up beneficially for him (legally), and I understand why he would prefer cash if possible. He said if I need to log this as a 1099 he would understand. Have you guys come across this and found the best solution for your business? I don't have any employees currently, but this is starting to feel like that and I'd prefer it doesn't turn into that. Should I ask him to form an LLC for property management and pay him through this? That's a thought I came up with while typing this.
 

Thank you BP so much!

Loading replies...