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1099 requirements repealed


System - Thursday, April 21, 2011
President Obama has signed H.R. 4 into law, repealing the new 1099 requirements introduced with the health care bill. The legislation is retroactive to last year, making it as if the new requirements were never in effect. 

Details of this legislation may be viewed at http://www.govtrack.us/congress/bill.xpd?bill=h112-4. 

This is certainly a victory for landlords. 

Brandon Morgan 
Legerity Property Management, Inc. 

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