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Updated over 12 years ago on . Most recent reply
Finding tenants who disappear
I need to know the best way to track tenants who take off and leave no address or contact information. I think this is called skiptracing, but I'm not sure how it all works. Please let me know what I need to do to trace a tenant and get some money back.
Thank you everyone :D
Most Popular Reply
If they owe you money and you are not going to chase them for it, then send the IRS a 1099 forgiving their debt. They will have to pay income tax on the debt as if it were income. Its much harder to hide from the IRS.