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In this tutorial, JP discusses the option of hiring subcontractors directly for property repairs or renovations instead of engaging a general contractor, which can sometimes be excessive. He emphasizes the importance of clear communication to ensure that the job is completed satisfactorily and to avoid financial miscommunication or IRS issues regarding employee classification. JP introduces a simple independent contractor agreement he has used for many years, which has evolved over time. This agreement is straightforward and effective for managing subcontractor arrangements, addressing what constitutes a subcontractor and providing a practical tool for property investors.
