Year-End 1099 & Cash Flow Statements
Annual 1099s & Cash Flow 2025
You 1099's & 2025 cash flow statements have been published to the owner portal. Over the next 1-2 weeks, they will be mailed to your address on file. These documents provide a detailed summary of your financial activity and can be supplied to your CPA or tax professional to assist with tax filings
To ensure accurate filing, your CPA will also need the following:
- Your 1098 from your mortgage company
- Any insurance expenses not paid by C&C Property Management
- Any property taxes not paid by C&C Property Management
- All other rental property-related expenses you paid directly
1099 Calculation Details
Your 1099 is calculated as: Total Operating Income + Net change in prepaid rent.
At the bottom of your Cash Flow Statement, you’ll find the
net change in prepaid rent. Prepaid rent (or advance rent) refers to rent collected in 2025 for periods not due until 2026. While the IRS requires us to report this amount on your 1099, you may wish to discuss how to reconcile it with your CPA when filing your 2025 taxes.
For more information on this IRS requirement, you can review their article here:
The cash flow statement will only be mailed if you've previously elected to receive reports by mail. If you need a printed copy mailed to you, please email accounting@ccrentalpro.com to request a copy.
If you have any questions or need assistance, please don’t hesitate to reach out.
1099 FAQS
When will I receive my 1099?
1099’s will be issued no later than January 30, 2026. They will be mailed out on or around January 31st unless you opted to receive them electronically.
Why doesn’t the amount in Box 1 Rents of my 1099 match my Total Operating Income on my 12 Month Cash Flow Statement?
More times than not, that is due to prepaid rent. *The IRS considers advance rent taxable income, even if the owner does not receive the prepaid funds until January or later. https://www.irs.gov/businesses/small-businesses-self-employed/what-is-taxable-and-nontaxable-income
Total Operating Income in the tax year + Net Change in Prepaid Rent in the tax year = 1099 Total
If you have any prepaid rents at year end, this amount will show in the total section under “Other Items” on your cash flow statement.
Deposit forfeitures and reimbursement fees are also included in your 1099 amount and is shown on your cash flow statement.
Why are reimbursements fees from tenants for utilities etc included on my 1099?
You receive the reimbursement as income, in turn you pay the expenses they are used for and claim that deduction. Likely, these amounts will never equal out each year. You are paying the expenses as they are due and the tenant is paying them typically a month later due to the billing cycles and rent due dates.
Who should I contact if I notice a discrepancy on my 1099 such as address, tax identification number, amounts?
Please contact our accounting team and your assigned property manager: accounting@ccrentalpro.com
