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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
January 23, 2024
3:46 PM