Automated 1098 form generation, validation, and e-filing for property managers
PropMan automatically generates IRS Form 1098 for mortgage interest reporting by tracking all interest payments throughout the year. The system validates recipient information, performs bulk TIN matching, and e-files directly to the IRS, eliminating manual data entry and reducing compliance errors for property managers.
Managing tax compliance is one of the most time-consuming and error-prone aspects of property management. PropMan's automated 1098 tax software eliminates the headaches of manual form preparation, ensuring accuracy and timely filing while saving you valuable time.
| Task | Manual Process | PropMan Automated |
|---|---|---|
| Data Collection | Review 12 months of records manually | Automatic throughout the year |
| Form Preparation | Manual data entry for each form | One-click generation |
| TIN Validation | Manual lookup or skip (risky) | Bulk TIN matching |
| Filing | Print, mail, track delivery | Direct IRS e-filing |
| Time Required | 3-5 days for 50 properties | 30 minutes for any volume |
| Error Rate | 5-10% typical | Less than 1% |
1098 tax form generation is included with all PropMan subscriptions at no additional cost. There are no per-form fees, no matter how many properties you manage.