Legal Question in Business Law in California

Technically if you are truely a 1099 contractor, you should be filing a Schedule C for your business, since a 1099 means you are an independent business doing work for the broker. Unless you have unreimbursed expenses you want to deduct from your 1099 income, however, there's not much point. If you only get the income and your expense reimbursements meet your expenses, and you don't have any other expenses you want to deduct, such as home office, then there is no point in reporting a "zero-sum" situation. Many 1099 real estate professionals, however, have deductable expenses that exceed the direct reimbursable expenses paid for by their broker. You should check with a good tax accountant about whether it would be beneficial to track and report all expenses so you can qualify for additional deductions.