I am a full time w2 employee and make 25 a hour or around 50 55k a year.

It starts about halfway down the page when you go there:"File Form 1099-NEC, Nonemployee Compensation (NEC), for each person in the course of your business to whom you have paid the following during the year:At least $600 in: Services performed by someone who is not your employee (including parts and materials) (box 1);Cash payments for fish (or other aquatic life) you purchase from anyone engaged in the trade or business of catching fish (box 1); orPayments to an attorney (box 1).

thanks @James Mc Ree for suggestions, I was thinking of treating my handyman as 1099 employee and take a worker's comp insurance.

I've had a employee who has been doing 5 houses every week over several years for our family's personal homes and it's been great.

For any companies that offer employee benefits such as medical, dental, etc., you can utilize Section 125.5.

I am a full-time employee and juggle many other jobs but I want to make real estate investing a life-long income source. 

The city of Long Beach also passed an ordinance where grocery stores had to give their employees a 25% pay raise for hazardous pay due to the virus.

A friend of mine is looking into purchasing a vacation home in Mexico for his employees to work remotely for fun (maybe one day also Airbnb).

@Nikk WongLook to see if you can be paid as either an employee or an independent contractor.Being paid as an employee may require quarterly/annual payroll returns + a W-2 to filed at the end of the year.Being paid as an independent contractor may require you to make quarterly estimated tax payments.Best of luck.

In the meantime, many GCs will pull their crew to another job because they don't want to keep working for you when they've completely finished a certain phase of the job and have paid their employees out of pocket, so now they're down money to you, the customer.