bethkane3113
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So the condo association should issue to owners a 1099 Misc for the rentals on their units gross vs a 1099 NEC for their share of profit received net?Thank you!...
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Thank you for the information.I was under the impression that for a condo hotel with hotel like amenities, the NEC is the proper place to report net paid whethe...
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So, with the new 1099 NEC should condo hotel income be reported net on the NEC or Gross on the 1099 Misc box 1?Thank you!
Activity Feed for bethkane3113
- Posted Re: Condo hotel 1099misc and Schedule E on Investors & landlords. February 9, 2021 6:57 AM
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- Posted Re: Condo hotel 1099misc and Schedule E on Investors & landlords. February 8, 2021 7:21 PM
- Posted Re: Condo hotel 1099misc and Schedule E on Investors & landlords. February 8, 2021 4:29 PM
- Posted Re: Condo hotel 1099misc and Schedule E on Investors & landlords. February 7, 2021 10:41 AM