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Reply to "Rental income 1099 misc?"
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[quote=Anonymous]I've been renting our house in another state while living in VA. We paid our agent $800 finders fee for replacement tenants and less than $150/mo as management fee (handles any issues with renters). Do I need to file a 1099? I have to dig back to see if my husband filed one last year, but if we did file one for her last year and do not file one this year do we get dinged for any reason? We have FT jobs in IT and real estate is not our business by any means but heard there some sort of need to file 1099 if we pay anyone over $500 a year for a service. So should we file something for 2015? Thoughts welcome![/quote]
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