1099 Form

[David Segal]

When putting together the list of people I need to do a 1099 Misc for, do I send one to the escrow company? If so am I only sending in the amount of their company fees or does the amount include down payment + lender fees + purchase/sell price amount, realtor fees paid, etc?? Or are the non escrow company fees separated for each company?

If non escrow company fees are separated out, do I send to lender in the amount of the monthly payments only or monthly payments plus loan fees + purchase loan?

[Wayne Brooks]

Those are all in the same category...if done before you rent it.  If you wait until after it's rented, then it could be expenses, if they're not capital improvements.  For people that need to be 1099'd, you need to get the W-9 Before you pay them.  If not, ask your accountant