I have friends that started a business in April 2022. They needed a truck to haul equipment. They could not find one soon enough to keep up with the work load they were getting, so they asked if they could use mine and would pay me $40 for each day used. I said sure thing. Their intent was to save money on Enterprise truck rentals, etc. Now 7 months later they informed they will be doing a 1099 for rental use of my truck. Can they do that? I don't work for them in any compacity, and renting out my truck is not a business.
