I think I would be looking for a new tax advisor.It sounds like you may have an informational partnership issue or at the very least an employee vs. independent contractor issue.

the protected class in SECTION 3.1 of NCGS 143-422.2 "It is the public policy of this State to protect and safeguard the right and opportunity of all persons to seek, obtain and hold employment without discrimination or abridgement on account of race, religion, color, national origin, age, biological sex or handicap by employers which regularly employ 15 or more employees."

If an employee is injured on the job, a company could go belly-up taking care of an injured employee.  

Tax-wise however the IRS only looks whether you stay 180 days in the country, if so they consider you to be the same, whether you are illegal, have a business visa or greencard...Part of E2 is not only the size of investment, but also your plan towards, and eventually hiring of employees.

There is a different criteria - in order to qualify for a Solo 401k plan one must be either self-employed or own a business without full-time common law employees except the owner and his/her spouse.We have many clients who are employed with full time jobs and 401k there, but in addition they have a small side business which makes them eligible for their own Solo 401k.Where having an employer 401k would make an effect is that your employee elective deferrals are subject to a single limit of $18,000 (plus the catch up for those who are over 50).

I called the guy’s current employer and he said he was a great employee and he would have no problem renting a house to him.

But of course when you use your retirement account to invest in your business there's a number of compliance requirements at the beginning as well as an ongoing basis.The following IRS website cover the ROBS. https://www.irs.gov/Retirement-Plans/Employee-Plans-Compliance-Unit-(EPCU)-Completed-Projects-Project-with-Summary-Reports-%E2%80%93-Rollovers-as-Business-Start-Ups-(ROBS)Also, here is how the process generally works.A new C-corporation is established.Corporation sponsors a new 401k/PSP.The IRA funds are transferred to a new brokerage account opened for the 401k/PSP.The new franchise corporation issues stock shares to the 401k/PSP for the benefit of the franchisee.The franchisee must be an employee of the franchise business and he or she may take a reasonable salary.The franchisee’s family members may be employees of the franchise business and receive reasonable compensation for their services.To the extent that the corporation generates profits and elects to distribute those profits to the owners of the business, the percentage of the profits associated with the shares held in the 401k/PSP will flow back to the 401k/PSP brokerage account.

Accepting delegation is accepting that the task will not be performed the way you would do it.As "expensive" as property managers are, they are still mostly cheaper than employees!

Besides, loan officers are usually not executives - the ones I have worked with are mid-level employees at the banking institution.

The CFPB and the FTC have employees whose whole job is to troll websites looking for violations.