Help - The 1099-A Process

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Using 1099-A to pay residential rent

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john-kevin:cann

Can I pay my rent with a 1099-A?

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Kimberly Williams
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I have the same question; can I use this process to pay my past due rent, late fees on that past due rent, current months rent, and future months' rent, if not, is there a different form, or similar process that I can use to do-so? I am like 4 months behind and have like $5,000 worth of late fees due to being that far behind.

Maybe look into the 1099-C instead and discharge the debt.

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Daniel & Sara
Best Answer

Ask the landlord if he/she is willing to try the 1099A process. I've no idea the length of time it would take for him/her to get their money but ya never get what ya don't ask for 😉

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john-kevin:cann
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Will they need to file any additional forms besides the 1099-A and a 1099. - OID?