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Investors & landlords
Actually, let me refine my last response.
If you are the one who makes the decisions on things like what contractor is hired to perform work or provide services to a rental property, and are also the one who pays for the work performed or services provided, then you are the one to claim the expenses on your tax return as a business expense. The property owner gets a 1099-MISC for the amount of rental income you actually pay to them. The property owner is not an "active participant" in the rental activity. You are.
On the other side of that coin, if you can't spend a single penny of the rental income without the implicit permission of the property owner for each and every disbursement you make, then you are correct to report the gross rental income to the property owner, as well as provide them a detailed list (with receipts if applicable) of all expenses you paid on their behalf and with their permission, so the property owner can claim it on their own tax return. In this scenario, either the property owner or the property manager would issue any 1099-NECs where required.
Typically, the property manager issues all 1099-NECs, as that is but one of the services the property owner is paying the property manager for.