carcib
New Member

I own a couple of rental properties. My property manager deducts her fees before forwarding us our portion.

Do I report the fees that she keeps as Management Expenses? I never see the money.

Do I report the total rents collected as the rental income, even though I never saw a part of them?

She gave us a 1099MISC with income entered in Box 7 (nonemployee compensation). Turbotax didn't seem to like it when I tried to enter it, it said I couldn't report nonemployee compensation on a rental property. Any ideas why?