Does Property Manager Needs W-9 for tax reporting?

[Tricia O'Brien]

I have rental property income from one single family home. I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my own name, not in an LLC or S corporation. I want to continue reporting the rental income on schedule E. A new property manager I might hire sent me a W-9 with his sample management contract which he'd like me to sign. I have 2 questions:

1) If I fill out the W-9 for them, will I still be able to report the income under schedule E and not schedule schedule C with the IRS?

2) If I want to be sure I get a 1099 from the new property manager at the end of the year with the rents received, should I fill out the W-9 or  just give them a copy of my social security card?

Any replies would be appreciated!

[Brandon Hall]

@Tricia O'Brien property managers are required by law to issue 1099s to their landlord clients. In order to issue a 1099, they must have a Form W9 on file.

1. Yes you will still be able to report on Sch E.

2. You should not give a copy of your SS card as that will not have the information needed to issue a 1099. You must provide a Form W9.