Hal_Al
Level 15

Investors & landlords

Report the full amount , on the 1099-Misc, as income.  But take an "other deduction" on Schedule E for the amount not actually received.

Don't forget to report it as income, next year. 

 

Some would argue that the money being in your account,  at the property manager, constitutes constructive receipt (available to you, or at least, available to be spent on your property).