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If I have a small business (sole proprietorship) where I pay a monthly lease payment, and monthly taxes owed on property I lease. Do I have to file/provide a 1099?
My lease is a triple net lease - I pay monthly lease payment, 1/12th annual taxes on the property, and all expenses. Do I have to report this to the IRS and send a 1099 to the leaser?
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‎January 31, 2023
2:45 PM