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Updated over 12 years ago on . Most recent reply

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General Landlording & Rental Properties

Finding tenants who disappear

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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

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  • from COCKEYSVILLE, Maryland
  • Member since Aug 12, 2009
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WAYNE G.
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WAYNE G.
  • COCKEYSVILLE, MD
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WAYNE G.
  • COCKEYSVILLE, MD
Replied

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.

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