My 1099 Misc includes quite a bit of prepaid rent that is being held by our property manager, this doesn't seem correct as I was not in constructive receipt of the funds - our property manager has a policy not to pay out prepaid rent until it is due to avoid having to try and claw it back should someone move. I have asked them to issue a revised 1099 Misc, so far they have refused and claim that their CPA says what they are doing is correct. What to do?
