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In this video tutorial, JP discusses the process of hiring subcontractors for investment property repairs instead of using a general contractor, which can be more costly. He emphasizes the importance of clear communication to ensure that the job is completed successfully while avoiding misunderstandings and potential issues, such as misclassification of subcontractors by the IRS. JP shares a simple independent contractor agreement that he has used since 2003, noting that it has evolved over the years. He describes the agreement as straightforward and effective for use with subcontractors, providing a foundation for a successful working relationship.
