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Author: gsgreen Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 120801  
Subject: Re: Landlord complete Form W-9 Date: 12/18/2012 8:52 AM
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Sounds like the product of an over-zealous bookeeper at the Motherhouse level.
Somebody at some level must be treating this rent payment as a business expense. As the Motherhouse is, presumably, a non-taxed entity, I'm not sure what the point is.
In any event, if you're a TurboTaxer, there is a line entry for rents received and reported via 1099-MISC and a separate line entry for rents received otherwise. The only onus on you is making the entry on the correct line so the IRS computers can match against any 1099 the Motherhouse might issue. The 1099 simply documents a deduction for the issuer, not a receipt by you. But it does create the small burden of ensuring you make the entry on the correct line.
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