If the contractor is a sole proprietor, a partnership or an LLC, you must send a 1099 (if over $600).

From Nolo......"....The basic rule is that you must file a 1099-MISC whenever you pay an unincorporated independent contractor-that is, an independent contractor who is a sole proprietor or member of a partnership or LLC-$600 or more in a year for work done in the course of your trade or business....."

Wc insurance is required by all people that work in construction .. even sole proprietors .. this is of course if your intending on keeping things legal and not wanting to risk getting sued by a injured worker .. a officer of a LLC or a corperation can get exempt  from   Workers Comp but they have to file for it .. so if you have anyone who you hire that tells you they are excempt .. ask to see their certificate .. then check online to see if it is valid .. unfortunately  .. if you dont check and they get injured , you can still be held liable .. good luck and ..God Speed , Michael Short 

Created that you are the sole proprietor.

In the tax world a DBA/Sole proprietor structure  is "you" whereas a LLC, C-Corp, S-Corp is totally separate from your person.  

I'm a sole proprietor so I'm not sure if my personal will be linked to the business line of credit.

Here's the question:  I am considering using a sole proprietor d/b/a as the property manager, and these are my reasons:Record keepingSeparate account that wouldn't commingle with other personal funds"Evidence" that the property management is a 'sole proprietorship" possibly removing my husband from that avenue of liabilityD/b/a in our county is relatively inexpensive.  

Should I open a business checking account as a sole proprietor and just have the rent deposited there? 

Would there be any chance of obtaining a loan for my business if it's just me as the sole proprietor of the LLC, or will I still have to wait? 

Again back to the issue of investors being little more than self employed sole proprietors.