1099 forms for property management: Everything you need to know (2024 update)
Buildium
NOVEMBER 5, 2024
Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. This has been the case since the reporting requirements within the Affordable Care Act and Small Business Jobs Act were repealed in 2011.
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