Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 8 years ago on . Most recent reply

User Stats

154
Posts
54
Votes
Toben B.
  • Investor
  • Tulsa, OK
54
Votes |
154
Posts

How to handle IRS tax filings with a Property Manager

Toben B.
  • Investor
  • Tulsa, OK
Posted

Hello,

I gave 10 rentals to a property manager last year and now I am struggling to do taxes. 

As the property manager handled all the contractors s I can't issue 1099's to them.

Should I just record the net income received from the property manager or do I need to include all the income and all the expenses as defined by property manager?

Will the IRS expect me to do 1099 forms for contractors when I did not pay them direct? 

Do I issue a 1099 to my property manager for all expenses they paid?

Thank you!

Loading replies...