Tag Archives: property managers

Property Managers Role in Property Accounting

Introduction Most managers these days put their customers above everything, going out of their way to provide services, and bailing them out from unfortunate situations and crisis. However, while these acts of generosity help them build goodwill and reputation, they are also detrimental to the business. Property managers get so involved in hospitality that they […]

Read More →

1099 MISC Tax Requirements for Property Managers

Property Managers are required to report rents collected on behalf of their property owners as part of their rental property accounting and therefore the natural question that arises is the need for the filing of form 1099 MISC for their owners. According to the instructions for Form 1099 MISC payments of rent to real estate […]

Read More →