I own a restaurant and I paid $30.000 in rent last year, Do I need to give a 1099-misc to the landlord???

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2007-01-30 13:35:16 · 2 answers · asked by argentinianempanadas 1 in Business & Finance ➔ Renting & Real Estate

Not if you have your rent receipts. It is up to him to claim your rent as income.

2007-01-30 13:43:36 · answer #1 · answered by Beau R 7 · 1⤊ 0⤋

Think so or else he won't report income and then you can't prove you paid and gov't will audit and bankrupt you and give him bonus exemptions.

2007-01-30 21:38:49 · answer #2 · answered by Anonymous · 0⤊ 1⤋