Independent Contractors

[BarbaraNJ]

Please read the article, if you haven't already. I'm interested in what everyone thinks; will appraisers be included ? Will this be the last nail in the coffin ? https://www.trentonian.com/news/the...cle_91e95642-0c08-11ea-a16d-e311dc18d1ae.html

 

[Elliott]

The solution is simple, become a realtor. Do appraisals on the side.

"Real estate agents exempt from California's new anti-gig labor law. California lawmakers passed landmark bill AB5 on Tuesday reclassifying an estimated 1 million independent contractors as employees to provide them with benefits such as sick time, paid family leave, and health insurance.Sep 12, 2019"

Nothing like being an 800-pound gorilla when it comes to taxes.

 

[Walter Kirk]

Its really interesting. One of the reasons that there are so many independent contractors is because government regulations and taxes have made it too expensive for companies to have employees. Now the government is trying to force companies to hire employees so that the government can collect the taxes and fees which they can not afford!

 

[glenn walker]

The difference between side gig jobs is those independent contractors work for major corporations like Lyft and Uber and the appraisers do not typically work for only one client. Also appraiser are typically one person operations and not easy to keep track of. In California the Side Gid contractors are already rebeling and LAX is a complete cluster-F after the idiots changed the pick up and delivery sites.

 

[BarbaraNJ]

The difference between side gig jobs is those independent contractors work for major corporations like Lyft and Uber and the appraisers do not typically work for only one client. Also appraiser are typically one person operations and not easy to keep track of. In California the Side Gid contractors are already rebeling and LAX is a complete cluster-F after the idiots changed the pick up and delivery sites.

Has the California law been adopted or is it still being considered ? In New Jersey, it doesn't appear to be law yet, just being considered. So I don't know if NJ will mirror CA or not. Anyway, are you absolutely certain that appraisers are NOT stuck under this new law ?? I'm concerned about the part that says "if the business does this in their normal course of business", so if a bank has an appraisal department, it seems that it will apply.