Property Management 1099

[Michael Sherwood]

I have a question regarding 1099 for doing property management for a broker in New York state and I am not sure of the answer so I figured I would throw it out there. I was having a discussion with someone last night about this ( and he is on BP so if he sees it sorry in advance ! as I am not a tax person that is why I am asking)

When property managing you have your deposit and operating accounts at your broker and they issue a 1099 for rents collected from a tax liability standpoint this has to go to the agent ( me) my partner and I have a partnership (includes both of us and has a tax id) can we have the 1099 ( tax liability) go to the partnership rather than me. This will get very messy at tax time if we can't do this.

let me know your thoughts.