turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

As a landlord, do I need to issue a 1099 to my property manager?

I moved in 2017 and converted my former home into a rental property. It was occupied with renters as of September 2017. I have a property management company who signed the lease with the tenants, collected deposits, and collects the rent each month. The property manager takes a percentage as a fee, pays the lawn maintenance company, and sends the remaining rent income to me via direct deposit each month.

The property manager issued me a 1099 totaling the rent income passed through to me for 2017.

Should I also have issued a 1099 to the property manager for the fees they withheld, and/or should I do this for future years?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply

As a landlord, do I need to issue a 1099 to my property manager?

No, see Small Landlords Not Required To File Form 1099

http://www.auburnmainecpa.com/1099s-required-small-landlords/

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question