Issuing 1099 to contractors

[Rodney Kuhl]

Hello,

This is the first year where I have to issue 1099s to contractors as we fixed up a couple of properties in Indianapolis. I have received the W-9 forms from both contractors that we used. As I'm filling out the 1099 form (from online) I came up with a question. This may not make a difference one way or another, but figured I'd ask anyway. Sorry if this it's irrelevant no matter which way this is done.

These 2 houses were purchased in my individual name so as to allow us to get conventional financing on the properties. When issuing the 1099 form, do I issue it from my LLC or from myself as an individual? Also, I assume the amount of money paid to the contractor goes in line #3 Other Income, but please advise if it goes somewhere else.

Thank you in advance for your help!

[Steven Hamilton II]

Personally you can apply for an EIN number as well. The house is whatever you intended it to be from the beginning. I'd recommend issuing them to cause yourself the least trouble.