Tax advantage of hiring my young adult daughter to do property management

[Anthony Tran]

Hello all,

I have a property management company (LLC). I want my daughter to learn real estate. What is the best way to pay her?

An employee and give her a W2? Hire her as a contractor and give her a 1099? or lease her some properties and have her sublease out?

In the same token, should I keep her in my tax filing? or have her file independently?  She is in her first year of college.

Thank you,  Anthony

[Chris Seveney]

@Anthony Tran

Make sure whatever she is doing for you if a contractor - does she need a license or insurance ? If something happens how is she protected ?