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I can't seem to find an answer in my research. My company develops and sells real estate and often uses private equity. Do I need to include payments made through escrow on the 1099s I will be issuing...like for interest and loan fees? One of our lenders is an LLC. The title company has said they do not issue 1099s for these, but I though they would be responsible since they are actually making the payments.
Thanks,
Suzy
Thanks,
Suzy