I am renting a property to a tenant. Do I report condominium fees on 1099?
02407
2 Replies
Carl
Level 15
Apr 19, 2021 6:05:50 PM
No. You're not required to report anything on a 1099 when dealing with Residential Rental Real Estate.
DawnC
Expert Alumni
Apr 19, 2021 6:10:26 PM
You do not need to issue a 1099 to the association you paid the fees to, but you can deduct them as a rental expense. Or are you asking something else?