04-17-2007, 05:02 PM
We have come upon a contractor that is willing to complete our home , turnkey, if we purchase the package from HPM.
He currently does not have a license. Previously did, but states that "insurance, workmans comp. etc" forced him out.
He is currently building homes for individuals , 2 on the eastside, 1 in Kona.
Very legit, we have viewed the homes and spoke with the owners.
This is just the beginning of our process, but our worries are with liability, workers comp., taxes etc. Do we end up supplying a 1099 to each subcontractor ?
The gentlemans business is set up as a corporation.
I realize we would be the builder, but is what he is doing legal ?
Greg
He currently does not have a license. Previously did, but states that "insurance, workmans comp. etc" forced him out.
He is currently building homes for individuals , 2 on the eastside, 1 in Kona.
Very legit, we have viewed the homes and spoke with the owners.
This is just the beginning of our process, but our worries are with liability, workers comp., taxes etc. Do we end up supplying a 1099 to each subcontractor ?
The gentlemans business is set up as a corporation.
I realize we would be the builder, but is what he is doing legal ?
Greg