If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.

Please keep those posts in the Classifieds forum.Need a spreadsheet or form?

Thank you for your post.

This post does not create a CPA-Client relationship.

Thanks for posting this.

., commissions, fees) and consider a 1031 exchange to defer gains by reinvesting in another property.This post does not create a CPA-Client relationship.

Thanks for the care and detail you put into your posts on self storage.

I rest my case.And here is my older post on finding good CPAs:https://www.biggerpockets.com/forums/51/topics/1222774-expla...

Hoping you guys had a great new years, I wanted to make my first post of the new year and first post in general!

Quote from @Ricky Reddin: Hello,This is my first post on the forum and trying to get some guidance on a situation.