Investors & landlords


@Glen9 wrote:

I have another question regarding the same property.  In 2019 I entered into a contractual agreement with a contractor to do exterior repairs and paint the building. (single-family dwelling) I paid a $2,500 deposit. However, this was late in the year and the weather did not permit the work to start. He did not give me a 1099-misc. 

Where do I deduct these expenses?


Enter the amount paid as a Repair expense on the 2019 Schedule E.  

Also, the contractor does not give you a Form 1099-MISC, you would give the contractor the form for payment of the work performed on the rental property.  However, if you are only a landlord and not in the business of renting properties you are not required to provide a Form 1099-MISC to any independent contractor for services rendered on the property.

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