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Rental Property with a property manager and the need for a 1099?
This is a clarification for the responses previously given. My situation is I'm the executor of an estate with rental property, with a property manager. My understanding is I need not provide a 1099, right or wrong? The property manager provided me an Income/Expense Statement by category. Which I assume I'll use to report the income and expenses to the IRS; right or wrong? Thanks for any help.
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‎February 27, 2024
1:26 PM