Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

78
Posts
14
Votes
David Lehane
  • Rental Property Investor
  • Kalamazoo, MI
14
Votes |
78
Posts

Do I create 1099 forms for contractors I use?

David Lehane
  • Rental Property Investor
  • Kalamazoo, MI
Posted

Hello, I want to know do I need to create 1099 forms for every contractor I use when rehabbing a property or having repairs done on one of my Apartment complexes?

I am referring to the following?

  • The Large company who is supplying and installing the new HVAC 
  • The individual contractor who mows the lawns but has a LLC?
  • The Plumber who supplies and installs items that need replacing?
  • The service company who reads our Sub meters and invoices my tenants on my behalf?

I have been trying to work it via the internet but there seems to be a lot of gray, which stands to reason in the field of Tax.

I am not sure if it matters but we are an LLC.

Most Popular Reply

User Stats

3,675
Posts
4,413
Votes
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
4,413
Votes |
3,675
Posts
Natalie Kolodij
  • Tax Strategist| National Tax Educator| Accepting New Clients
ModeratorReplied

Any one who isn't incorporated and is paid more than $600 you should most likely send one to. 

business profile image
Kolodij Tax & Consulting

Loading replies...