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Updated almost 5 years ago,
No 1099 from property manager ?
I Have a few different properties and different property managers. In the same area. I did not receive a 1099. From one of the property managenent companies and assumed it was lost in the mail. Until a couple of days ago, so I reached out to them in an e-mail and asked for them to email me a copy and where had they mailed the original to? The reply I got was they don't Supply 1099 to their owners and never have. I find this odd. . Is this standard practice? ? Is the IRS going to take my word for the amount of rent collected on this property, because there are plenty of expenses that I plan to write off and of course depreciation. This is the first year with this management company.