linwang
New Member

Investors & landlords

Thank you, Surgeon92 and CalCountry for your replies. Surgeon92's response confirmed the 1099 issued by a property manager to the property owner is the full  amount of  rent before deducting commissions/fees. Now  CalCountry, do you agree that a property manager need not report 1096 on his schedule C for his business, as suggested by the response in the link you refer to? In other words, is it required to somehow show the total amount on the property manager's schedule C to match the amount of all 1099 reported to IRS?