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Updated over 6 years ago on . Most recent reply
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W9 - Shared Cost of a new Fence
Hello,
I have a single family rental in California - I just recently replaced an aging 15 year fence. The neighboring house is also a rental controlled by a property management company. The property management company is requiring me to fill a W9 to split the costs of the new fence. Total cost for that particular side is $3k which means we'd split it - $1500 each. Is a W9 required in this situation?
Most Popular Reply
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W-9s are required for any service provider to determine if they should get a 1099 at the end of the year.
Are you doing the work yourself? If so then yes. Are you paying for the work and property management is then paying you? If that is the case maybe they should pay the contractor directly for their portion and he gets the 1099