Eviction: Filing 1099 For Forgiveness Of Debt
I read a tip somewhere that you should file a 1099 with the IRS for tenants that skipped out on rent and let them deal with their collectors.
Has anyone done this? Are there any drawbacks?
feltman, have you done this before?
What kind of REI are you interested in? Flipping, buy and hold, etc?[ Edited by d_random on Date 04/13/2005 ]
If you are interested in Rehabbing-
Buy It, Fix, It, Sell It, Profit by Kevin Meyers