Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply presented by

User Stats

100
Posts
20
Votes
Stan C.
  • New York, NY
20
Votes |
100
Posts

1099 from Management. Box 1: gross rent or net rent?

Stan C.
  • New York, NY
Posted

Hi all. I received my first 1099-INT from a new PM. It has only one box filled in - box 1 - with a sum equal to gross rent received by them from tenants. Should it include net rent which takes into account losses due to PM fees, Property review fees, Leasing fees, application fees, etc? 

Most Popular Reply

User Stats

6,241
Posts
3,801
Votes
Aaron K.
  • Specialist
  • Riverside, CA
3,801
Votes |
6,241
Posts
Aaron K.
  • Specialist
  • Riverside, CA
Replied

Nope, no fees just rent, you were supposed to keep track of the rest of that on your own.

Loading replies...