I guess we would just rent out the rooms there would be no employees there.

@Dave Foster gave an excellent answer!  

Brie Schmidt and George Foster can be contacted regarding full details.

If these smaller startups can't ever make it to IPO because their funding evaporates, then suddenly there aren't any more people to fund those large down payments.The public ones use stock as substantial percentage of employee compensation, and those employees can't sell fast enough.

https://www.irs.gov/retirement-plans/plan-participant-employee/401k-resource-guide-plan-participants-general-distribution-ruleshttps://www.irs.gov/retirement-plans/retirement-plans-faqs-regarding-loans

@Nikia Johnson if you are not hiring them as employees then it is up to them to do a 1099, but really unless they make a certain amount to claim it. 

There are generally 2 routes to take: hire him as an employee (of which he will pay withholding tax, thus lowering his income), or hiring him as an independent contractor (of which he will be able to write-off anything he does for you.) 

Each employee keeps a time card stating how many hours they work on each building and it gets entered accordingly.

You do not have a "plan administrator" as other funds are administered, that comes under the Office of The Comptroller and your employee benefits officer, (EBO) who will know of your moving, obviously you address changes for admin and tax purposes. 

@Dave Foster might be able to elaborate or have a different perspective.