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Updated almost 2 years ago on . Most recent reply presented by

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David Rosen
4
Votes |
8
Posts

Do I send 1099-NEC to property manager if they use AppFolio for accounting?

David Rosen
Posted

Hi all,

I use a PM who is a sole proprietor LLC who I paid more than $600 to in 2023. They use AppFolio for the rent collection, disbursements, and accounting. The tenants pay through AppFolio and I am disbursed the rent, minus their fees. The PMs portion never touches my bank account.

I sent them a 1099-NEC but now I am second guessing my decision. Does AppFolio take care of sending them the 1099 or similar form? If they do, should I cancel the 1099-nec? 

thank you!

David

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