If they are incorporated or an LLC filing as a corporation then you don't have to send them a 1099.

Incorporating in the beginning isn't that big of a deal unless you are working with partners.

Hey guys,New here, and to the business, so I'm just looking to get some insight from you more experienced investors.1) I've drawn up a budget of $500 per month for the next 5 months to use towards marketing.  I've rea...

As for me, I am simply operating a business where I am incorporating my experiences as a landlord since 2007 into my business.

Don't forget that when choosing an entity be sure to research and secure professional advice on the laws of the state that your business operates in as well as in the state that your Articles of Incorporation / Organization is registered should you choose DE or NV.

Brian,I’m not sure I agree with his reasoning some potential risks for you are;- once in corporations name who else might be staying there?

I had worked in corporate finance/accounting for the past 10 years, but decided to make a drastic career change and am going to focus exclusively on investing for the foreseeable future.  

But if you do the math and incorporate cash flow, paydown, leverage, and depreciation, I'm sure he's making at least 12% IRR.

At which point , do I need to consult with lawyer , assuming LLC incorporating is done?

I have been doing digital media marketing for the last 4.5 years and plan to incorporate that skill into the real estate world once I get the ball rolling.