PM needs ss#

[Account Closed]

Hello,

A PM we have just hired wants a W9 and social security number from us.

Two companies we hired previously didn’t ask for this.

I am not comfortable with sharing my ss number around needlessly. 
I did read someone on these forums advising against it too.

Any advice/insight about this?

Thanks in advance 

[Nathan Gesner]

Quote from @Account Closed:

Your new PM is correct and the old ones were wrong.

The property manager must have your social security or tax ID number on file. They will issue an IRS Form 1099 in January, reporting your total taxable income to you and the IRS. Tax law requires it. The IRS doesn't trust you to report accurate information, so the 1099 from the property manager is checked against your filing.

Any company that does more than $600 in business with you should issue a 1099.