Redding Property Owner Resource Hub
Welcome to Your Owner Resource Center
Welcome to the Authority PM Property Owner Resource Hub, your central location for essential tools and information designed to make owning rental property in Redding as seamless as possible. Whether you are looking for clarity on your 2025 1099 tax documents, need to understand the difference between your gross income and cash flow, or are seeking maintenance guides to protect your investment, you will find it all right here. Our goal is to provide you with the transparency and resources you need to stay informed and confident in your property's performance.
Taxes & Financial Reporting
Why doesn't my 1099 match my cash flow?
One of the most common questions we receive is why a property owner's 1099 does not match their annual cash flow or "net" income. The primary reason is that the IRS requires property managers to report Gross Income (the total rent and income collected) before any expenses or management fees are deducted.
Here are the three main factors that create this difference:
- Gross vs. Net: Your 1099-MISC/NEC reflects the total income collected from tenants. Your cash flow statement shows the same income minus expenses like repairs, utilities, and management fees.
- The Constructive Receipt Rule: Per IRS guidelines, we must report income in the year it was physically received. If a tenant pays their January 2026 rent in late December 2025, that payment must be included on your 2025 1099.
- Prepaid Rents: Any funds paid in advance by a tenant are reported as income the moment they are received, which can often result in a "13th month" of rent appearing on your 1099 for a single calendar year.
Pro Tip: For your tax filings, you will use the Gross Income from your 1099 and then "write off" the expenses listed on your Owner Statement to arrive at your taxable profit.
