for example if I have a property rented for $2000 a month and I charge 1 month rent as a turnover commission and 10% of each monthly rentals as a management fee I would send my owner a 1099 for the full $24,000 and they would just line items the turnover commission and monthly management fee as an expense on their schedule E , correct? 

I am trying to figure out if this setup would be treated as a substantial service subject to schedule C, or if I could use Schedule E.

@Angelo CortezMost STRs report income and expenses on an IRS Schedule E (not Schedule C) unless your STR is offering "substantial services"-> for example, concierge services or a butler to guests. 

Euclid off of Euclid Avenue, houses in the E 190s, and the condos in the E 270s are areas that might give you some trouble (though nothing nearly as bad as what you would get in most of East Cleveland).

I think that was Albert E that made that quote.

Account Closed  Actually, QBO Plus can track, prepare and e-file 1099, set up budget, however, it does not track mileage which I don't see it as big deal since you need this only once a year and apps are available too.

Commission is going to be 80/20, 18000 cap, and $22 a transaction for the e/o.

Title examiners go back to search tit;e transactions back to the original ownership, unless the particular property is in a particular title insurers title plant, in which case they will only search back to the last time title insurance was issued.  

If that limit is not enough you should increase it    e.  

Purchase price: $336,500 Cash invested: $20,000 Single family home in E Nashville.