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Updated almost 4 years ago,

User Stats

8
Posts
10
Votes
Ethan H.
  • Nampa, ID
10
Votes |
8
Posts

First Time filing 1099s....pretty confused

Ethan H.
  • Nampa, ID
Posted

Last year, I began managing properties for other people (instead of just my personal properties). I never even thought about 1099s until one of my Owners asked me about one today. I am a bit confused about what info goes on the 1099. Am I supposed to be listing the amount:

1. The Owners have paid me to manage their properties

2. The amount of rent money that I have sent the Owners from their properties

3. Or something completely different?

I know this probably sounds like a silly question. But this area has definitely been a weak spot for me. I appreciate all of your help!

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