![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3112571/small_1725376856-avatar-quand14.jpg?twic=v1/output=image&v=2)
Hello everyone, I am starting my short term rental journey. Currently, I only own one property with a mortage. Should I open an LLC or should I run it as individual? Furtheremore, If I open an LLC, am I required to ch...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/548719/small_1621492313-avatar-misha2306.jpg?twic=v1/output=image&v=2)
Hi All,Would appreciate some input on this issue. If one was to GC a new construction or a flip project (in NJ) would you need to take out a general contractor insurance policy or does the builders risk insurance pol...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/545360/small_1621492226-avatar-wades7.jpg?twic=v1/output=image&v=2)
Can you 1099 someone who doesn't have their contractor or business license?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/242026/small_1621435641-avatar-nexusliving.jpg?twic=v1/output=image&v=2)
I have been in business for over 21 years and we have a floating value of over 100 million under management/ownership. I have been looking for key employees to help us expand, but have had horrible luck. Basically t...
I have been a w-2 employee until recently, investing in real estate on the side. I’ve left that work, and plan to self-manage apartment buildings I own, formalizing that as a 1099 employee of each LLC. All LLCs have p...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1521501/small_1694691134-avatar-brittanyo15.jpg?twic=v1/output=image&v=2)
I recently applied for my L.L.C. and then got my EIN. I live in Florida. Today I got in the mail a letter/bill in the mail stating that because I have an L.L.C. I now need to buy a State and federal Labor law poster t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/158130/small_1695357218-avatar-martinzad.jpg?twic=v1/output=image&v=2)
Were their locations scooped up by other grocery chains? I saw a Joann Fabrics take over 1 of them, wondering about the rest.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/417008/small_1621450250-avatar-samj11.jpg?twic=v1/output=image&v=2)
Does anyone have any insight into if business income coverage has kicked in for their STR insurance policy. We have a policy via CBIZ/Tudor Insurance and our contact is claiming that COVID-19 loss of income in not a ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1933458/small_1621516797-avatar-chrisb1134.jpg?twic=v1/output=image&v=2)
Virtual assistant firm recommendations please!
I’m part of a tiny startup with long term rentals in mobile homes in Georgia. We both have day jobs and struggle to find time to make critical calls to government offic...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1481928/small_1694569369-avatar-michaelk664.jpg?twic=v1/output=image&v=2)
I downloaded the forms for the SBA and looked at them and read some info on the loans, and monitored the progress of applicants here on BP. I don't have any employees so I don't think I'll qualify for even $1000 of th...