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Updated almost 4 years ago on . Most recent reply presented by

Michael Thorne's profile image
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Michael Thorne
  • from Arlington, TX
  • Member since Jan 23, 2020
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Michael Thorne's profile image
Michael Thorne's profile image
Michael Thorne
  • from Arlington, TX
  • Member since Jan 23, 2020
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Michael Thorne
  • Arlington, TX
11
Votes |
54
Posts
Tax, SDIRAs & Cost Segregation

Sub contractor 1099’s

Michael Thorne
  • Arlington, TX
Posted

Hi BP community-

When you are working with subcontractors on a flip, do you issue them a 1099? If so, I assume you get them to sign it up front?

Any other advice on hiring/paying subs or contractors?

Thanks!

MT

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Michael Thorne's profile image
Michael Thorne's profile image
Michael Thorne
  • from Arlington, TX
  • Member since Jan 23, 2020
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54
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Votes
Michael Thorne's profile image
Michael Thorne's profile image
Michael Thorne
  • from Arlington, TX
  • Member since Jan 23, 2020
Connect
Michael Thorne
  • Arlington, TX
11
Votes |
54
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Michael Thorne
  • Arlington, TX
Replied

@Michael Plaks thanks for that. I figured as much and it’s nice to get confirmation from a pro. 

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