Ok I partnered up with a new investor on a short sale any ways his cut is going to be about 5K..My question is what it the best way to pay him if I don't have a payroll. I am a signal member LLC, what forms will I or should I fill out to me this on the up and up. I am not sure if I should just give him a check at close. Any help in the right direction would be great.

Along with the check, give him a 1099-MISC for the amount of the check. Your CPA should be able to help you with the forms.

That what I thought but was not sure thanks for the help.