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Investors & landlords
Oh I see. that's material participation. There's a "learn more" link on that screen that explains it. Sounds to me like once you've got a renter in there, then your "property manager" is no longer in the picture. So I would call what you pay them, more of a "finders fee". Now if what you paid the property manager is not included in the 1099-MISC box 1 income, then you won't report what was paid to them, is all.
‎June 6, 2019
5:07 AM