Saturday, April 30, 2011

Great News - onerous 1099 landlord reporting law repealed!

Congress repealed a law in early April that would have required ALL landlords (even those who rent out a room in their home) to file a 1099 for any services paid to vendors over $600 starting next year.

Whew! That will save lots of time and money. Thank goodness for the National Association of Realtors!

Here's a link to a detailed article:

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