@Vic14 wrote:
If it is a local plumber, I don't feel comfortable asking for their social sec number. If it is a corporate, do I need to check their tax status?
Also, does it make a difference paying with cash vs check/credit card.
If your rental DOES rise to the level of a trade or business, then ...
You give the plumber a W-9 to fill out. They could use their EIN instead of their Social Security Number. Or they may check the box that they are a corporation, so no 1099-NEC would be required.
https://www.irs.gov/pub/irs-pdf/fw9.pdf
Yes, if you pay by credit card, you would not need to issue a 1099-NEC because the credit card payments fall under different rules (the credit card merchant may issue the plumber a 1099-K).
