Timely because January 31st is the deadline.Sending 1099-NEC (formerly 1099-MISC) to contractors and vendors2024 update: While not directly related to sending 1099-NEC forms to your contractors, you may have seen the panic on social media about every $600 electronic payment reported to the IRS under a new law.

@Kwanza Price tips for managing contractors:1.

File a complaint against them with the state licensing agency 

Licensed contractors supply materials and subsequently warranties.Also how would a flipper comply with assembly bill 968 if they supply materials? 

or need to get texas license? 

If you're doing STR the first thing you'll need is the VLS license from the state, and that comes with the requirement of taking an 8 hour class.There weren't any of those on the schedule, but I need mine so I talked them into doing one in early February if you want to hop on that one. 

Does anyone have recommendations for a contractor for an almost full gut property in Rochester NY?

Anyone have a good contractor recommendation in the area?

I live in the Tyler, TX area, but I hold my mortgage licenses in Pennsylvania and Texas.

@Michael Almand My contractor walks most properties with me.