merriah
New Member

How do I report income received from past due rent for a home I have sold?

I had a rental home that I sold in 2021.  The tenant was way behind in rent and left a considerable amount of damage.  The property management has been receiving the past due amount in small increments throughout the year.  They have now sent me a 1099-MISC but they are still collecting their management fees/tax fees/etc. from the payments.  If I try to enter it as rental income it gets kicked back because it is not being rented.  Do I just include it as misc income and forget adding the management company fees?   Thanks for your help!