Greetings from all of us at XYZ Prop.MgtAttached is your 2020 year-to-date income and expense "Rental Owner Statement."
Please note that the "total income" is reported on your 1099.
(rent, utilities, cleaning, repairs, etc.)
You will want to deduct the various property expenses against that income when you file.
(It is likely that you have additional expenses such as interest, insurance, mortgage insurance, closing or refinance costs, etc. to include in those deductions. They should appear on your mortgage co " Escrow Summary" for the year (if you had one). and/or sales settlement statement.
1099's will be issued by our provider Buildium/Nelco to your email and mailed to the address which we have on file.
You will be able to open the emailed file with your SSN or EIN.
thank you for your business!