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Updated about 9 years ago,

User Stats

135
Posts
4
Votes
Keith A.
  • Real Estate Investor
  • Ft. Lauderdale, FL
4
Votes |
135
Posts

1098 Form when LLC is the payer - Form is asking for SSN.

Keith A.
  • Real Estate Investor
  • Ft. Lauderdale, FL
Posted

I have a property under my LLC that has a private mortgage/loan on it. I was working on generating a 1098 and noticed that the 2015 1098 form is asking for a social security number in the Payer's box and not an EIN. My LLC is the payer. Is this the proper form to use when reporting interest paid by borrower and income for lender? Any help is appreciated.

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