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Investors & landlords
Only if you are in the BUSINESS of renting properties do you need to issue 1099 forms but if you are just a landlord reporting on the Sch E as passive income there is an exception to the 1099 rule for you thus an EIN is not required however if you want one go get one ... they are free from the IRS and issued instantly.
‎January 20, 2023
3:06 PM