Re: [Florida] Final bill after claim on security

Re: [Florida] Final bill after claim on security by Fred on May 26, 2016 @13:45

The tenants that I won a judgment on for damages. Never were collectable. Other than messing up there credit a few years. I had a 5000.00 dollar judgment and turned it over to a collection company, Never saw a dime. Just be happy there out. I'm trying to remove drug dealers out of my house currently. Police are of no help.
Better screening next time maybe?

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Re: [Florida] Final bill after claim on security by LLinFL on May 26, 2016 @19:48	[ Reply ]

Thank you for your reply. I am well aware that I won't see a penny from them, but I still intend to see this through until the end.

Re: [Florida] Final bill after claim on security by Anonstar on May 26, 2016 @20:24	[ Reply ]

If it is not collectible, I recommend writing off the $5k so you get some of that back off taxes and issues the tenant a 1099 for the forgiven debt. The IRS always gets their man.

Re: [Florida] Final bill after claim on security by Fred on May 27, 2016 @19:40	[ Reply ]

In my case it was 10 years ago. And the lady ask the judge if she could add this to a bankruptcy she was going to be doing. And the judge said yes. At the time I didn't think about doing the 1099 idea. That is why I like this site, A lot of information in one place for us small guys. Thanks.

Re: [Florida] Final bill after claim on security - Landlord Forum thread 345216