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In this video tutorial, the speaker discusses the process of hiring subcontractors for property repair or rehabilitation, highlighting instances where a general contractor may be excessive. The focus is on ensuring clear communication and proper management to avoid misunderstandings and financial losses, as well as potential issues with the IRS regarding the classification of workers. The speaker introduces a simple independent contractor agreement that has been refined over the years, which serves as a straightforward tool for engaging subcontractors. This agreement aims to ensure clarity and effectiveness in subcontractor engagements for property projects.
