Registered: 1194911482 Posts: 1
Reply with quote #1
I have a tenant who is a business and the Owner wants to give me a 1099 for the rent they paid me in 2006.... Can I tell them to forget it? I thought a 1099 is for providing work and/or services...not for renting an apartment? any thoughts?
Registered: 1200084871 Posts: 43
Reply with quote #2
You should talk to an accountant and/or a tax specialist to see if it might help you.
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Registered: 1207627235 Posts: 8
Reply with quote #3
Why would they want to give you a 1099? They can write off the rent as business expense without one.
And there's no benefit for you to take is as misc. income instead of rental income. That's the first time I've ever heard of this. If there is something that I am inherently missing, please let me know
Registered: 1253286896 Posts: 7
Reply with quote #4
i think they are confused, they are not paying you as an employee, so i would tell him NO.
__________________ New to the game, i need of a Michigan Mentor!!
Registered: 1365156845 Posts: 10
Reply with quote #5
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