Management Fees as Income on Personal Taxes?

I own an investment property. Do I have to claim "management fees" paid to me on my personal taxes as income?

Public Comments

1. YES, it is fully taxable to you.
2. Sort of. If you own the investment property personally (e.g. not through a corporation), you wouldn't claim a deduction for a payment to yourself (therefore is taxable) when calculating property income. If you own the investment through a corporation, you would definitely report the income as income from property.