Before you begin:
From the Owner Reports Menu, choose the 1099 and Unit Totals Reporting Menu option from the dropdown list. The system will track the owner’s 1099 information and Unit Totals data automatically. This information is available for printing in summary and detail. All gross income and any owner referral income are totaled on a monthly basis. The 1099 file does not keep up with expenses charged the owner. The 1099 report adds up the twelve months of gross rental income and owner referral income to come up with the annual amount to print on the 1099 form.
Item descriptions:
Owner Copy Unit Totals Summary
Create 1099 Magnetic Media File
Previous Period Unit Totals Summary
Previous Period 1099 Information Summary
Previous Period 1099 Information Detail