[quote=SD Realtor]It is not hard to do but it is a pain in the ass. It hurts the providers for the service alot more then the landlords. Lots of handymen type and other guys who do an honest days work will now be 1099’d for alot more of the work they used to not declare.
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This was my first thought too – it’s a way of forcing off the books/undeclared income on the books/declared. It will hit the contractors more than the investment property owner.