Get your taxes done using TurboTax


@Mike9241 wrote:

what I could not find clarification for is whether or not the landlord must perform these services or can a management company be used.


I think I'm going to page @AmeliesUncle for some input on this issue.

 

I doubt there's much authority on this particular set of circumstances, but it seems to me that if the management firm is supplying the services on its own accord (without input), then the owner should probably report on Schedule E.

 

On the other hand, if the management firm is acting as the owner's agent (at the owner's behest) in supplying the services, then it's pretty much the same as the owner supplying the services and, as a result, the owner should report on Schedule C.

 

My $.02

 

As a footnote, the services listed are almost exactly the same for both sections of the Code.