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Get your taxes done using TurboTax
Thanks for your answer.
However, I am still not clear with a few things after reading online.
1) It seems that I only need to file 1099-NEC, if my rental property is considered as a business rather than an investment. Is this correct?
2) Most of places say that 1099-NEC need to be filed if I pay individual contractors such as handyman. What about property management company?
3) Who should file 1099-NEC, me or the property management company? I have read both on different websites. So confused.
Thank you.
‎February 13, 2023
4:43 PM