Spoiler alert- Phx is quite a saturated STR area, and many STR's (although some are doing great) are having major occupancy issues. 

Spoiler: It was worth it (but oh, the stories I’ve got).My Master Plan: House Hacking Like a BossWhy house hacking?

Spoiler alert: They think there's a different question to ask first!

Specific technical issue that triggered this post. When parents employ their minor child, the child is exempt from Social Security and Medicare (aka FICA) - if under 18. But what exactly happens in the year the child ...

When I reached out to them basically asking when the rehab would get done (spoiler alert:  never), they threw their hands up and blamed other people.

I wouldn't worry too much about it, if you have a competent CPA or bookkeeper they should be able to review your books and within minutes have a strong grasp on who gets a 1099 (spoiler alert, not every contractor gets one, I'll be annoyed if I get one since I'm structured as an S corporation) and the amounts to report.1099 filings are usually a loss leader for us, so if you're working with a professional make sure you take advantage of them filing everything for you.

****SPOILER ALERT for anyone just joining this thread.

Spoiler alert: These are a routine occurrence with emotional 18-22 year olds.Thats no Joke... 

Spoiler: our satisfaction rate is pretty stellar!

Spoiler alert: LLC's are over-rated and over-sold by attorneys.