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Updated over 6 years ago on . Most recent reply
Legal way to recoup damages?
During a break in my home inspector's class, I start talking up with one of my classmates about different RE issues. I mentioned to him about me trying to collect on some damages from a recent move out. He says that he doesn't have that problem anymore. He says that any resident must sign a 1099. If they skip out of owed rent or damages, he just writes it off. This hits the former tenant's credit.
Question: "Is this legal?"
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@Vern M., I don't understand how that would recoup damages. That's more like revenge against the tenant.