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1099-MISC and 1099-INT
First year in existence so here comes the tax question...please bear with me...
1. I have over $600 of expenses from my closing attorney for purchases and sales, so I know I have to issue him/her a 1099-MISC.
2. I requested a survey on a property. The cost was $1,225 so I'm "assuming" I have to 1099-MISC him as well. Am I correct?
3. I have Origination, appraisal, processing, legal, tax service fee to my HML for $4,901 on a purchase. It's an LLC. The proceeds were taken out from the HUD during closing. Do I need to 1099-MISC them?
4. Lastly, I paid in 2016 to HML $2,058 in interest on my loan. Do I need to send them a 1099-INT?
Thank you all!