Property Management Software Co. Rentec Direct Offers Clients 1099-MISC E-filing Solutions

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Property management software provider, Rentec Direct, offers simple solutions for filing 1099-MISC tax documents online through a partnership with Nelco Solutions, authorized tax professionals.

E-Filing Services for Property Managers

File your 1099-MISC tax documents directly through your property management software.

"E-filing 1099-MISC tax documents directly through Rentec Direct’s property management software saves our clients time and money," explains Rentec Direct's president, Nathan Miller.

To assist property managers with preparing 1099-MISC forms, property management software providers, Rentec Direct’s offers e-filing services and a 1099 Tax Assistant that generates easy to read reports. E-filing allows users to submit 1099 tax documents directly to the IRS and includes mail outs to recipients.

Preparing and issuing year-end statements for rental property owners and vendors coincides with the IRS requirement for all taxpayers to issue Form 1099 - Miscellaneous Income to any non-employee vendor or worker that receives more than $600 during the tax year.

For property managers, rent payments made to property owners fall under this category, making it necessary to file a 1099-MISC form for every owner that received rental income payments over $600 throughout the tax year. Independent contractors that provide services in excess of $600 also require a 1099 form, like repair men, plumbers, carpenters, landscapers, and attorneys.

The IRS sets a strict deadline for submitting 1099-MISC forms to recipients by February 1, 2016 and to the IRS by March 31, 2016.    

Rentec Direct clients can access a 1099 Tax Assistant report to pre-populate 1099 Tax Forms directly through the popular property management software. The 1099 Tax Assistant Report and the 1099 e-filing feature will utilize all owner distributions and vendor payments entered into the system throughout the year.

Rentec Direct’s 1099-MISC e-Filing and print options are handled through an IRS approved 3rd Party, Nelco Solutions. Rentec Direct clients are directly connected with Nelco’s software to send 1099-MISC data straight to the IRS and all completed filings are printed and mailed directly to recipients.

"E-filing 1099-MISC tax documents directly through Rentec Direct’s property management software saves our clients time and money," explains Rentec Direct's president, Nathan Miller.

Rentec Direct’s US-based customer support team is available to help clients with any 1099-MISC e-filing questions and can be reached during normal business hours at (800) 881-5139.

About Rentec Direct
Rentec Direct provides cloud based rental software solutions for property managers and landlords. Rentec Direct services include tenant screening packages, tenant ACH payment processing, marketing tools and online syndication of vacancies to more than 20 popular websites.

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Kaycee Wegener
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