My Solo 401K Trust (not ROTH) owns some rental property. Income and expenses are paid through the trust and are managed through third party property manager. I have never filed income taxes on the rental proceeds as I have not taken any distributions. I recently changed property managers for said properties and they have issued a 1099-Misc for the income received. No other PM has done this in the past. The TIN number is that of the trust and not my SS#. My question is, am I to do anything with this 1099-Misc? Thanks.
