Investors & landlords


@inverness wrote:

A separate issue is that my property manager used my SSN for her 1099-MISC because I always acted as my husband's agent (he was incapacitated)....


I am sorry for your loss.

 

The issue may be separate but it depends upon how title to the property was held (and the state of residence).

 

If your late husband owned the property in severalty (i.e., he was the sole owner and you had no interest either on title or under state law), then you can indicate that you received the income that was attributable to his estate as nominee. Basically, you would report the entire amount on the 1099-MISC and the "nominee out" the share that should be reported by the estate.

 

Frankly, you should seek local legal counsel and/or professional tax guidance for this matter.

 

View solution in original post