• Welcome to AppraisersForum.com, the premier online  community for the discussion of real estate appraisal. Register a free account to be able to post and unlock additional forums and features.

Trainee

Status
Not open for further replies.
It is real risky having a trainee and giving them a 1099 like an independent contractor.
You need to pay them and take taxes out of the check and matching taxes out of you pocket.
 
You need to pay them and take taxes out of the check and matching taxes out of you pocket.
The risky part is being in control of their activities today. IRS can get real picky on whether they should be classified employees or independent contractors. This topic has come up many times on this forum. Play it safe. Make them an employee. Give them a W-2. If they didn't make anything, the W-2 will have many zeros.
 
There are other issues from a business owner standpoint like if you pay someone to work at your business more than a certain dollar amount, you need to send them a 1099. Like you paid them to fix your parking lot for your business. Those rules vary a little.
 
You and your buddies supported a system that allows a convicted felon to go into peoples homes under the guise that they are appraisers. At this point, people should be careful taking your advice
I had nothing to do with anything about any aspect of any of your complaints. All I've ever done besides appraising is teach appraising. What you're mad at me for is telling the truth and fact-checking the untruths that you have been trafficking in.

My state's legislature enacted the criteria which resulted in the state licensing certain offenders after they served their sentences. A decision I personally disagree with, but they did what they did. What am I supposed to do about it - lie about what those criteria really are?
 
  • Like
Reactions: Zoe
It is real risky having a trainee and giving them a 1099 like an independent contractor. If I were the OP, I would have them classified as an employee in today's world.
Yes, I was classified as an employee while I was trained. When it was slow, I could do secretarial tasks and deliver appraisals (this was when reports had to be printed out and hand delivered delivered to Chief Review Appraisers at banks downtown). 1099s would be hard to deal with, for me anyway.
 
As a clarification, I wasn’t looking to take on a trainee and he convinced me to take him on. Taking on a trainee is a lot of work and apparently there is discussion of trainees paying certified appraisers for the opportunity to get the training. He has a full time job and does this on the side. There hasn’t been much motivation on either side to get required hours for quicker certification and I have been open to him getting an additional supervisor with more work.
You are certainly under no obligation(s) to continue working with your trainee. You are also not obligated to compensate him/her so long as you both are in agreement.
I don't believe that there is any standardization to trainee compensations and you are likely to hear any variety of tales. Personally, I never took on a trainee because (a) I didn't want the liability (b) I didn't have the time and (c) I don't wish to become emotionally vested and feel obligated. My point (c) is my own problem....but I know myself....and I would wish to assist in any way(s) possible regardless of my personal/business situation.

Perhaps its time to for you to cut this trainee loose? Neither of you are 100% vested in the mentor/trainee system given the total volume of trainee work completed thus far. Paying a trainee, now, within a downturn won't make financial sense for most of us.
 
I had nothing to do with anything about any aspect of any of your complaints. All I've ever done besides appraising is teach appraising. What you're mad at me for is telling the truth and fact-checking the untruths that you have been trafficking in.

My state's legislature enacted the criteria which resulted in the state licensing certain offenders after they served their sentences. A decision I personally disagree with, but they did what they did. What am I supposed to do about it - lie about what those criteria really are?
But GH, let's get beyond your personal feelings.

I don't how much power you have at State level. I need a little help from you GH. If I could get expert lawyer on consumer protection law in California, I would want you one of expert witnesses?


Can I get that? You won't be only expert witness?
 
Yes, I was classified as an employee while I was trained. When it was slow, I could do secretarial tasks and deliver appraisals (this was when reports had to be printed out and hand delivered delivered to Chief Review Appraisers at banks downtown). 1099s would be hard to deal with, for me anyway.
Don't need to do that right now with IRS more than ever. Don't play that game. IRS will win.

Classify the trainee as employee.
 
It’s cool, 30% of the public supportted the revolution, 30% supported the British and 30% didn’t care who won. I know what group I’d have been in.

I think the MAGA 'revolution' differs from 'the revolution' in some key ways. But certainly your mileage does vary.
 
Status
Not open for further replies.
Find a Real Estate Appraiser - Enter Zip Code

Copyright © 2000-, AppraisersForum.com, All Rights Reserved
AppraisersForum.com is proudly hosted by the folks at
AppraiserSites.com
Back
Top