Hello everyone, for the first time I paid someone more than $600 for a few things related to my rentals last year, per the IRS, that means I have to give that person a 1099 form.
As far as I understand, I would have to prepare a 1099-MISC form for this person, is that correct?
Since my rentals are, for now, own by me (no LLC, or other business structure), is it ok to us my SSN as the "payer's federal ID number"? or should I obtain one? If yes, how do I do that?
Thanks in advance!