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June 3, 2019
Question

Income from rental property on 1099-misc

  • June 3, 2019
  • 1 reply
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I received rental income on a property that is being managed and I received a 1099-misc. Do I report that as regular income or do I need to report it as rental property income (schedule E, I think).

1 reply

June 3, 2019

Yes, you need to report rental income whether you manage property or not.