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Re: [Florida] Final bill after claim on security - Landlord Forum thread 345234

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

                              
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.
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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.

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