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I have been having people send me address for vacant houses in the area. I was curious as how you all go about paying these people if you close on the property?Do you just write them a check after you close? Is there ...
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I got an estimate for a rehab from a contractor for 30k. Since he has a business, do I still need to obtain an unincorporated IC taxpayer ID number and file a 1099-MISC form with the IRS? Or since he has a business, a...
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For those who use a property manager (particularly for out of state rentals), do you have to have them listed as an employee of your Single member LLC, or can you consider this as an expense(not an employee) to the LLC ?
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Hello...
Last year I had some work done on my rentals.
Is it a requirement to collect 1099 information ?
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I cannot seem to find a clear answer for this question, and have got nowhere with my local board.I am a broker and currently the registered broker for my single member LLC. I have an opportunity to work as an independ...
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Hey guys,
I a buy and hold investor and have several SFR that I buy primarily from wholesalers in Louisiana. I tend to buy houses ~70% of ARV minus repairs and I use several independent contractors to bring the house...
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I have them to sign independent contractor contracts. and I am offering material and they bring their own tools.
Due to they don't have insurance, anyway I can buy and offer the worker comp insurace to them? would th...
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I know I'm asking for the holiest of holies here, but does anyone have any good contractors they can recommend in STL? I just bought a duplex I need to put some work into.
Hi,
I just recently created an LLC for providing referee services. In the past, I was just doing it as an independent contractor, but now have decided to create a business out of it. As an independent contractor, I ...
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Trump strikes again! According to the National Home Builder Association, the Department of Labor is walking away from their previous efforts to try and classify subcontractors as employees:"In a victory for NAHB membe...