M-MTax
Level 12

Investors & landlords

I don't get ANY of this because AirBnB or VRBO is ONLY going to send a 1099 to the person or company THEY PAID. They're not going to send a 1099 to anyone they didn't pay....that would be improper and wrong and not necessary.

If AirBnB or VRBO pays the property manager....IN FULL.....and sends a 1099 to the property manager ALL the property manager has to do is deduct the payment to the OWNERS on SCH C. Then the property manager can send a 1099 to the OWNERS for the amounts they were paid. It's not that tough to figure out.