Hi,
If you are reporting as a business, to the IRS, that you paid rents, you will have to fill out Box 1 on Form 1099-MISC, which will acknowledge you are claiming a business deduction and the receiver of the rents will be required to report the amount in Box 1 on their business or personal tax return. If you are receiving rental income, you would report that ALL RENTS on Schedule E of your personal tax return as rents received. You would not be giving anyone a Form 1099-MISC. You would only provide the person paying you, a receipt for payment that coincides with their lease.
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