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Rental income on property I don't own?
I have deeded my rental property to my heirs but continue to receive the rent. Have been advised that they give me a 1099misc. for this property. I pay all expenses including for this property including property taxes. Should they deduct the taxes before sending a 1099misc. and do I claim the income under rental property?
‎January 28, 2020
9:39 AM