@Critter-3 wrote:
NO ... because you didn't pay them ... they got the money and paid you which is why you are getting the 1099. It would be self defeating for you both to 1099 each other.
Now if you got the rent and you paid them for their services then you would 1099 them ... do you see the difference?
Alright, seems to make sense. So I would just deduct their management fee on Sch E along with all my other expenses (since they are sending me a 1099-MISC showing gross rent receipts).
