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In this tutorial, the speaker discusses the benefits of hiring subcontractors directly for property repair or rehab instead of going through a general contractor. The primary focus is on ensuring clear communication and avoiding potential issues, such as miscommunication or misclassification of subcontractors as employees by the IRS. The speaker introduces a simple independent contractor agreement they have used since 2003, which has evolved over time. This agreement is described as straightforward and effective for managing subcontractors while protecting both parties involved in the project. The video aims to help viewers navigate the process of hiring subcontractors efficiently.
