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Investors & landlords
The IRS says you issue a 1099 to each person in the course of your business to whom you have paid $600 or more for services during the year. There is no specific mention of rental properties being a business, which is the argument the "no" proponents use. Now that it is easier to file the 1099s, it is quite easy to err on the side of caution and issue the 1099s.
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‎April 4, 2025
5:18 PM