1099 forms for property management: Everything you need to know (2024 update)
Buildium
NOVEMBER 5, 2024
We’ve created a detailed breakdown of the form and what it means for property managers here , but here’s the basics of what you should know: Property managers must file a 1099-NEC when they pay an unincorporated independent contractor $600 or more in a year for work done on a rental property owner’s behalf or directly for the manager’s own business.
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