IsabellaG
Expert Alumni

Investors & landlords

@TurboJake, perhaps this discussion will help. Back in 2011, the Small Business Job Act included a requirement which would have treated all rental properties as a business and required owners to issue 1099's to contractors, including property managers. But the law was repealed, so this is not a requirement for any owner who is not in the business of renting properties.  Here is a link to the Journal of Accountancy article that came out at the time. 

 

[Edit 12/23/2019]

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