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Updated over 8 years ago on . Most recent reply presented by

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David Lehane
  • Rental Property Investor
  • Kalamazoo, MI
14
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Do I create 1099 forms for contractors I use?

David Lehane
  • Rental Property Investor
  • Kalamazoo, MI
Posted

Hello, I want to know do I need to create 1099 forms for every contractor I use when rehabbing a property or having repairs done on one of my Apartment complexes?

I am referring to the following?

  • The Large company who is supplying and installing the new HVAC 
  • The individual contractor who mows the lawns but has a LLC?
  • The Plumber who supplies and installs items that need replacing?
  • The service company who reads our Sub meters and invoices my tenants on my behalf?

I have been trying to work it via the internet but there seems to be a lot of gray, which stands to reason in the field of Tax.

I am not sure if it matters but we are an LLC.

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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
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Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

Any one who isn't incorporated and is paid more than $600 you should most likely send one to. 

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Kolodij Tax & Consulting

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