EvnThough
Returning Member

Investors & landlords

Thanks very much for taking the time to reply. I'm still a bit perplexed as on the IRS website, I just found the following:  

"...File Form 1099-MISC, Miscellaneous Information, for each person in the course of your business to whom you have paid the following during the year.

  • At least $600 in:
    1. Rents (box 1);
    2. Prizes and awards (box 3);
    3. Other income payments (box 3);"

Isn't this saying I need to report it?