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Updated about 1 year ago,
Anyone Using Yardi Breeze Receive a 1099-K from Jack Henry & Associates
I believe this is new for 2023. Jack Henry (a third-party payment processing firm used by Yardi) is now sharing the gross amount of third-party transactions (around 2Mil) with the payee listed as my property management company. The 2 million is annual pass-through rent deposited in the bank accounts of the various Owners. Curious how others are dealing with this?