With the exception of payments to bona-fide real estate management firm, all payments to individuals and non-incorporated entities for office and/or apartment rents and leases must be reported at calendar year end to the Internal Revenue Service (IRS) on IRS Form 1099MISC.

Due to this IRS reporting requirement all rent and leases payments should be paid directly to the owner or property management firm by University check.

Required Payment Forms

Payments to US Citizens

1. Direct Payment Voucher (DPV), Comptroller Form 88R
2. IRS Form W-9, Request For Taxpayer Identification Number
3. Vendor Invoice or copy of lease agreement