pk
Level 15
Level 15

Get your taxes done using TurboTax

@syoung123 , the perfect solution of course is to have  one each 1099--MIsc for each prop.  However with some amount  of  extra effort you can make it work even with ONE 1099.  I just tried out on my copy of  Windows  Home & Business and YES it does work ( with a few extra steps and careful  look-see ),

I would highly recommend  that you get the management company to issue  one 1099 for each property -- they are  getting paid for the service ( to make it easy for you and not to  make easy for themselves ).

 

 For IRS AUR program, even it gets flagged,  human intervention thereafter  should  stop the issuance of CP2000  ( under reported income ).

Even if a  CP2000 is issued , you can   explain that the total amount on the 1099-misc has indeed been accounted for on Schedule-E . Plus you have the back-up data to prove your point.

 

Is there more I can do for you ?