Thanks for your response. I too initially interpreted, like you did, that the Jan Rent was "constructively received" only on 01/02/2025 when it was actually credited to my bank account. However, the discussion on this thread https://ttlc.intuit.com/community/business-taxes/discussion/1099-nec/00/1907756 threw me off a bit, specifically, the following excerpt from the response:
"...If you authorize someone to be your agent and receive income for you, you are considered to have received it when your agent receives it. "
When interpreting "constructive receipt", the obfuscation is whether Innago LLC (the property manager in this case) or it's 3rd party payment processor Dwolla, can be considered to be my agent receiving the rent on my behalf? Requesting your take on this... thanks!
