topic Do building rental expenses go on a 1099 MISC? in Investors & landlords

Do building rental expenses go on a 1099 MISC?

jlchaundy — Tue, 10 Dec 2019 22:39:53 GMT

Re: Do building rental expenses go on a 1099 MISC?

Critter — Thu, 12 Dec 2019 20:51:33 GMT

If you are reporting the rental on a Sch E then you do not need to issue 1099-misc forms to contractors ... just make sure to get receipts for your records in case you are audited.

Re: Do building rental expenses go on a 1099 MISC?

Hal_Al — Fri, 13 Dec 2019 15:11:15 GMT

1099-misc may be required to qualify or QBI deduction. See https://www.nolo.com/legal-encyclopedia/do-landlords-need-to-file-form-1099-misc.html