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Updated over 1 year ago on . Most recent reply

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Neil Fernandes
  • Investor
  • Wisconsin
11
Votes |
24
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Painters and flooring

Neil Fernandes
  • Investor
  • Wisconsin
Posted

When working with flooring and painters, what are the things that one should normally take from them? I read somewhere a w9, lien waiver, insurance and licensing. Is there anything else? Thanks in advance. 

Most Popular Reply

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David M.
  • Morris County, NJ
2,578
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5,409
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David M.
  • Morris County, NJ
Replied

@Neil Fernandes

For licensure, again it depends on your market.  in some states, you need to be registered / licensed in the local county/municipality.

Since you are operating under a LLC, yeah you need the W9 to issue a 1099 in January. You should get proof of insurance (which would be sent on that Accord form from the insurance agent). I think customarily around the country you are looking for General Commercial Liability and Workers Compensation insurance.

Thats pretty much the basics.

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