STEPHAN
Senior Member
What is the name of your state? FL
I am working on my 1099 MISC filing for our contractors.
I just realized that we have a private loan that we used as a down payment for a property. It is not secured by a mortgage. If it was a mortgage, I would have to include it in a form 1098 I guess.
Do I need to include it in a 1099?
I am working on my 1099 MISC filing for our contractors.
I just realized that we have a private loan that we used as a down payment for a property. It is not secured by a mortgage. If it was a mortgage, I would have to include it in a form 1098 I guess.
Do I need to include it in a 1099?