Discussion:Rent paid to Property Management
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Discussion Forum Index --> Tax Questions --> Rent paid to Property Management
15 February 2007 | |
Hi,
I am new to this site and I would like confirmation that I am correct that a rents paid by a business directly to a property management company shoud be issued to the Property Management company, which by the way is not incorporated. The Property Management at the end of the year gives the landlord a 1099 and they are telling me that the 1099 shoulb be issued to the landlord and not to them, which I don't agree. Thank you. |
15 February 2007 | |
I agree with you. The rents paid directly to the XYZ sole proprietorship should receive the 1099. |
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