Being Paid Through LLC vs. Personal

[Art Maydan]

In addition to property management, I do hourly work for a rehabber. Would it be better for them to send a 1099 to my property management LLC or to my personal name? Both are justifiable since I end up managing the houses we rehab. Much appreciated.

[Justin Kane]

I would check with illinois law for property management.. for instance in Texas you can NOT manage other people properties unless you have a license or are directly employed by the owners so you would have to work with your legal team on how to make a 1099 still be considered (employed) .. again illinois law may be different would love to hear what other have to say on this.