Side App reports are based on close dates, while 1099s are reported on a cash basis. So if a property closes on 12/31, but the commission is not paid out until 1/1, the payment will be reflected on the following year’s 1099.
Side App reports are based on close dates, while 1099s are reported on a cash basis. So if a property closes on 12/31, but the commission is not paid out until 1/1, the payment will be reflected on the following year’s 1099.