I manage short term rental properties for owners on VRBO and Airbnb. When I issue them 1099s at the end of the year, should I issue the 1099 for the gross amount I was paid out before I deducted my management and cleaning fees, or do I issue them for the net amount I transferred to the owner and give them a breakdown of expenses, including management fees, for them to write off? I have always issued them for the gross amount, but I have a new client that is insisting their CPA says I should have issued the 1099 for the net amount paid.
