All Forum Posts by: Edlyn Gonzales
Edlyn Gonzales has started 2 posts and replied 4 times.
Post: Do I need to issue a 1099 misc to my property manager?
- Posts 4
- Votes 1
Quote from @Michael Smythe:
@Edlyn Gonzales did your PMC collect rents on your behalf and send you the funds after deducting their fees?
If yes, then YOU do NOT need to send anything to your PMC.
Your PMC should actually be sending you a 1099-MISC with supporting documentation for any & all expenses paid from funds collected on your behalf.
Post: Do I need to issue a 1099 misc to my property manager?
- Posts 4
- Votes 1
Thank you @Michael Smythe this is my scenario.
Post: Do I need to issue a 1099 misc to my property manager?
- Posts 4
- Votes 1
Hello, I paid over $600 to my property manager last year. Do I need to provide them with a 1099 MISC? Thanks
We have an application for one of our apartments with 2 tenants. Our minimum requirement for credit score is 580. 1 of the applicants credit score is 558 (this person makes majority of the income) and the 2nd person has a 661 credit score. Should the 580 minimum be an average of there scores? Or per person?
Based on the employment records the jobs thst afford them the apartment are new. And one of them has a DUI.
What else should we be considering ?
Would you accept this couple as a tenant? Why or why not?
Thank you!