We own a second home purchased about 5 years ago, which we plan to move into in a few years. In the meantime we are renting it out 100% of the time and making improvements and of performing course maintenance. We would like to be making a profit on the place, but almost never do. We do not employ a management firm, and so feel that we are actively engaged. 1) Does it make sense to call this a business? 2) when we hire a business to improve the place or perform maintenance, do we have to mess with form 1099-NEC? For example, in 2022 we paid a business to paint the exterior for about $6000. Thank you for your kind attention. - Paul
