hi all, hopefully I can get help or answers from this community
I own a property manager company llc in CA and the llc help landlords collect rents through zillow,com. We have received a 1099k for all payments by our llc bank account. I will report the 1099k (100K) in my business return as a "income" but don't know where I can wipe off the rent (95K) in my business return? in deduction (business expense- all other business expense) ? or give 1099mics to landlords?
looking forward to hear your soon!
Thanks!!!
