My research seems to indicate that if you pay them electronically by Venmo, Zelle, etc, that you don't need to send a 1099-NEC. There seems to be a lot of disagreement online about this. It also sounds like if you are not trying to qualify as a business for tax purposes that the 1099-NEC is not necessary anyway. Lastly, still not sure if online bill pay like I use for some things qualifies as "electronic payment". Thoughts? Have never sent these before and have been a landlord since 2014.
If I do have to send one, can I send one for all my properties combined or do I have to send one for each property?
Thanks in advance
