Tip: Don’t want to get involved in Form 1099? Hire a property manager. In this case, the IRS releases the landlord from immediate responsibility for providing 1099 forms. If you don’t receive an expected Form 1099 in early February, contact the issuer. Perhaps the payer has an incorrect or incomplete address for you. Alert the issuer of the changes and ask for a reissued statement. Tip: Don’t want to get involved in Form 1099? Hire a property manager. In this case, the IRS releases the landlord from immediate responsibility for providing 1099 forms. Lori Lovely edited the Real Estate Home section for the Indianapolis Star and covered the annual Dream Home construction and decor for Indianapolis Monthly magazine. She has written guides for selling houses and more. Form 1099-MISC must be delivered to the recipient by the end of January, but you have a bit longer to get the forms to the IRS (last day of February if you are mailing paper forms, or March 31st if filing electronically). If the due date falls on a weekend or holiday it becomes due on the next regular business day. Form 1099-NEC must be delivered to the recipient and the IRS on or before January 31st regardless of whether you file on paper or electronically. Along with the submission of the 1099 forms, you must provide the IRS with a Form 1096 Annual Summary and Transmittal of U.S. Information Returns.
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Broker: (Applicants must be licensed as a Kentucky sales associate, averaging at least twenty (20) hours per week for a minimum of 24 months immediately preceding the filing of the application.)  The Principal Broker’s license is the higher of the two. A Principal Broker in Oregon has to have been an active Broker for at least three years prior and they have to pass additional education requirements, both initially and each time they renew their license (every two years just like Brokers). For our full article on this explaining the difference between Realtor, Real Estate Agent, Broker, and Principal Broker, click here. A home whose price has been reduced multiple times, or that has been repeatedly taken off the market and relisted, could indicate that the seller is becoming increasingly motivated. The MLS is also a great source for accessing historical data on properties and neighborhoods and running comparables. If you have your eye on a specific area, most listing services will send you an auto-alert the minute a property hits the market.