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Updated over 3 years ago,
Should hire contractor as a W-2 or as an independent?
Hello,
I’m thinking about hiring my contractor as a full time employee. I just read “how to buy & manage rental properties” and it stated it’s better to hire independent contractors than employees to avoid keeping their “own records and paying their own taxes.”
It also stated independent contractor makes it simple and inexpensive.
I would like to know which direction is best. I’m hiring him with the contingency that I can keep him busy with projects. Thank you!