Do I need to issue 1099-MISC to my investment rental property manager?
The bottom line answer is NO. Period. End of story.
However, the property manager that you pay "may" be required to send "you" a 1099-MISC reporting all rental income received in box 1. If box 1 shows the gross rent, then you can claim expenses on your SCH E including what you pay the property manager. But if box 1 is only the amount that you are paid after expenses, then it's perfectly possible that you will have NO rental expenses to claim other than mortgage interest, property taxes and insurance.
