Good catch, >1 person at that "job interview". I would guess that a lot of his employees are paid off the books with cash. Otherwise he'd be paying a certain rate, overtime on Sundays. contracts, etc. Are they independent contractors for IRS purposes? IF so, he would send them 1099s at year's end and he would want the write off for his own records. Or is his business model to just slip buddies "good money".
At about 10:00 in the following video, AM is on the PE show, and discussing conversations he had with BM, regarding the ex employee who supposedly threatened his family (but not badly enough for BM to get his license plate or car description
![Roll Eyes :rolleyes: :rolleyes:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
![Roll Eyes :rolleyes: :rolleyes:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
...............) So AM asks BM "how did you pay your employees" BM said "mostly by check". AM was wondering if the address was on the check, but BM had secured work for the guy in his own immediate neighborhood anyway, so the address on the check wouldn't matter.
It jumped out at me that BM said he paid employees "mostly by check". A real contractor with a professional business would not do that, IMO. RE: "mostly". If paying cash he would open himself up to lawsuits by angry ex-employees claiming that they hadn't really been paid, and he would need proof of the employee payment as a bonafide business expense. Yes I realize there could have been electronic transfers instead of checks, or physical receipts for cash payments, but I doubt that in this case, just a hunch.