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Updated about 1 year ago,
Tax advantage of hiring my young adult daughter to do property management
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