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Updated over 4 years ago,
How do you pay your Park Manager? Cash/1099/etc
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!