Carl
Level 15

Investors & landlords

@JohnB5677 's response really isn't as clear as it should be. Here's the bottom line.

Due to legislation that was "repealed" in/about 2012, a landlord that is not a real estate professional (you are not) is not required to issue a 1099-MISC. Period. End of Story.

However, now-a-days you might want to issue one to support any claim you may have for the QBI deduction on the rental income. Being that you only have 1 rental property, I have no doubt that you do not qualify for the QBI deduction just based on the fact you did not spend a minimum of 250 hours in 2019 "directly involved" in your one rental property. So no need to waste your time with a 1099-MISC.

How do I know that? Because I myself have 3 rentals and I can't come anywhere close to even 100 hours in a year with all three properties combined. I even had one rental go empty in 2019 and spent a full 5-day week turning it around for the next renter. That's a mere 40 hours at best. But realistically it was less than 35 hours.