New Law Means More IRS Paperwork For People With Rental Properties (landlords, tax)

[LauraC]

"Do you own a rental property or two? Do you rent out your vacation home? Pay attention. The paperwork you must file with the Internal Revenue Service is going to grow, perhaps by quite a bit, thanks to a provision tucked into the Small Business Jobs Act passed by the Senate last week."

Landlord Alert: More Tax Paperwork On The Way - Janet Novack - Taxing Matters - Forbes

[keeshonder]

It looks like it kicks in a year earlier for landlords than for the rest of us. For most, it is included in the health care reform bill.

[DowntownVentura]

Thank you Laura for the heads-up