About tccpg288

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Re: Is it unusual not receive a 1099 S form for the sale of your hom...

Got it - thanks.Why is it that 1099-S are not always issues? I feel as if it isn't issued quite often, seems a bit odd.

tccpg288

Updated Apr 03, 2023
Re: Is it unusual not receive a 1099 S form for the sale of your hom...

It was rented out 2 years prior to the sale, and 2 years prior to that one of the owners resided there.

tccpg288

Updated Apr 03, 2023
Re: Is it unusual not receive a 1099 S form for the sale of your hom...

It was rented out for 2 years prior to the sale, and the 2 years before that one of the partners lived in it.

tccpg288

2

Updated Apr 03, 2023
Re: Is it unusual not receive a 1099 S form for the sale of your hom...

What if there was a period where the property was rented for business use in a 1065? The owner did indeed live in it for 2 of the 5 previous years.

tccpg288

6

Updated Apr 03, 2023
Re: LLC - Rental Income vs. Ordinary Income

I have a similar scenario.The host does provide the services and has a 1065.I am assuming this could qualify for active activity.Would the activity be reported ...

tccpg288

1

Updated Jun 05, 2022

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Date Registered	‎June 1, 2019 10:55 AM
Date Last Visited	‎October 5, 2022 11:41 AM
Total Messages Posted	15

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