Last spring Congress repealed the requirement for most landlords to file 1099's for work performed on their properties. However, for anyone who holds the title to the property in a Limited Liability Corporation (LLC), these new rules are now in place. Today's Oregonian has an informative read on the new IRS requirements. You can read it by clicking on this link:
http://www.oregonlive.com/finance/index.ssf/2012/01/for_small_businesses_and_taxes.html
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