1099 OID Implications on a note purchase?

[Keith Ghion]

Hi all - I searched the forums and haven't really seen a post addressing this specifically. I'm about to fund a note purchase via JV agreement. Funding will be provided via cash not SDIRA. I'm assuming that end of year tax reporting would be a 1099 INT for any interest payments and a 1099 MISC for profit on any sales. My CPA thinks there might be 1099 OID (Original Issue Discount) implications as well however. Just trying to get a handle on the tax implications there and if anyone can lend insight to any 1099 OID reporting? Thanks!