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Invest In Real Estate

How to 1099 a Contractor – Episode 436

By Feb 27, 2019 No Comments

Part of being a successful real estate investor is doing your due diligence year-round in order to make tax time easier. Most likely, your business will have employed multiple contractors throughout the year. The IRS requires that you 1099 any person or business that you’ve paid more than $600.

 

On today’s episode of Investing in Real Estate, we’re sharing all the details on sending 1099s to independent contractors. You’ll learn the tax implications for your business, how to be prepared and organized, and more! Let’s get ready for tax season on this episode!

 

This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding

 

Book a call with our team: https://goo.gl/qr6iat  Show notes: http://morrisinvest.com/episode436

 

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Find Out Your Freedom Number Right NowBy Clayton and Natali Morris

Looking to achieve financial freedom? Looking to create true legacy wealth for your family? The kind of wealth that you hand down to the next generation? 

I've found that the only true way is to create passive income through real estate investing. And the only way to start on this journey is to understand your Freedom Number. 

This brand-new free cheat sheet will help you unlock that number using the step-by-step process I use with my own family. 

Find Out Your Freedom Number Right NowBy Clayton and Natali Morris

Looking to achieve financial freedom? Looking to create true legacy wealth for your family? The kind of wealth that you hand down to the next generation? 

I've found that the only true way is to create passive income through real estate investing. And the only way to start on this journey is to understand your Freedom Number. 

This brand-new free cheat sheet will help you unlock that number using the step-by-step process I use with my own family.