
10. Stop Letting Uncle Sam Take Your Airbnb Earnings! Interview with @learnlikeacpa
No Vacancy The Podcast with Natalie Palmer
00:00
How to Pay Out Your Team That Helps You Run Your Short Term Rental Business
You always want to request what's called a W nine before you pay them. A W nine is basically an informational statement that you feel out of W four when you're an employee, but when you're a contractor, you feel outof W nine. And then on the flip side too if you are doing co hosting, for example, how should your owners who you're managing for pay you out to that? Also be a 1099 situation or just kind of anything you can advise with this paying out the people who help you and then also how you get paid out.
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