ProPay is our payment processing partner (acquired by Global Payments) and handles sending your funds from your tenants to you!
If you receive a 1099-K form from ProPay Inc, this is for rent payments made via RentRedi!
How will I get my 1099-K?
Your 1099-K is typically sent via physical mail to the address you provided when creating your payment account.
What address will go on the 1099-K?
The 1099K is associated with the business name, TIN/EIN, and address for tax purposes.
If I'm managing properties for different owners using different bank accounts in the system, who gets the 1099K?
If a landlord qualifies for a 1099-K, then one will be sent by our payment processor (Propay) to each business address entered with reference to each legal business name they signed up for on file.