josh_cov
New Member

Investors & landlords

Thank you for the reply!  

I do have a follow-up question. In order to create the 1099 I had to put down a business. I’m guessing I will need to create a business when I file. Few questions I have:

 

1. I just needed the EIN to create the 1099. What do I classify the business as?

2. This is only going to be used to create 1099 whenever needed for repairs/improvements. Am I going to need to report a profit anytime?

 

overall guess I just need some direction when it comes down to file