I have employees and I use a lot of subs.

SSA/Medicare is split 50/50 between the employer and employee.

The problem is if you are "paying them," then they can be considered an employee and you would be required to carry workman's comp.

I was told that a property manager had to be a licensed agent to manage other people's property unless he is an employee of the firm that owns the property being managed, so it seems you would have to hire someone and pay taxes on them unless you hire a firm with licensed agents.

I wouldn't look for someone who is unemployed, I'd probably opt to find someone with another source of income, preferably a homemaker or retiree or something, but wasn't sure of the legal implication of this from an employer/employee (or 1099 contractor) point of view.

However my employees are awesome.

I've looked at some much larger multifamily's on loopnet and elsewhere and have some questions:Mainly - is a resident manager someone I'd have to employ as my own employee, or, could I hire a management company that could then staff that person in my building/complex as THEIR employee?

I can't imagine running a REI business with multiple employees, 10+ rentals, rehabbing several houses a year operating on Microsoft Excel, Word, and Gmail.

From what I have heard Waypoint has 130 employees (that's a lot) and there business model mostly consists of earning fees (acquisition fees, rehab fees, management fees, disposition fees).

He did not realize when he started another company and hired employees that the other company employees became eligible for his Solo 401k Plan.