Quote:
Originally Posted by Rabrrita
Are you talking about a 1099 for the monies they sent to you? If so, if your roll was just that as owner of the property with them having control, they need to be sending you a 1099 for the money you received. But if you exercised any active participation in the property as a landlord, the issue of 1099 would be spelled out in your contract with the property management company.
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thanks for helping. it's the 1099 for the money rent they helped me collected, minus off the repair and commission fees, the left over amount given to me. but they don't mail the 1099 to me yearly, but I report the amount on my own per my calculation yearly what I receive from the rental management. but if they do not give their 1099 to me, do I still get fined, or they get fined? thanks.