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Updated about 1 year ago,

Mike Wiesenhart's profile image
Mike Wiesenhart's profile image
Mike Wiesenhart
  • Investor
  • from Tampa, FL
  • Member since Apr 26, 2016
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User Stats

24
Posts
8
Votes
Mike Wiesenhart's profile image
Mike Wiesenhart's profile image
Mike Wiesenhart
  • Investor
  • from Tampa, FL
  • Member since Apr 26, 2016
Connect
Mike Wiesenhart
  • Investor
  • Tampa, FL
8
Votes |
24
Posts
Private Lending & Conventional Mortgage Advice

How to pay/tax money/credit partner

Mike Wiesenhart
  • Investor
  • Tampa, FL
Posted

I have an LLC for flipping houses. I also have a lender/tax partner. My question is, how do I pay him And make sure that I'm not liable for the tax bill on his profits. I've been reading about 1099s and K1s, but he's not part of the LLC. Thanks in advance.

Tampa, Florida
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