How do you pay your helpers ?

[Brit Foshee]

Flipping has started to become more full time. I've typically contracted the renovations out, and then done all of the small stuff myself.

I am to the point where I don't have any time for the small stuff. I have a guy who would be great to have on my team. I'm not sure I am ready to start a business, but maybe that's what needs to happen ?

Can I 1099 him ?

Would it be better to just start a corporation and hire a payroll leasing company ? My research tells me, this way becomes expensive quickly with all the taxes, workman's comp, etc.

Thoughts ?

[J Scott]

You said you've contracted out other work, why would this be any different? I assume you 1099 your other contractors...you can do the same for him.

Just make sure he has any insurance/licenses you might want him to have.

Unless you want to pay worker's comp, FICA, liability, etc., I don't see any reason to make the guy an employee if he'll only be doing part-time work.

Just my $.02...