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Updated almost 7 years ago on . Most recent reply

User Stats

31
Posts
13
Votes
Thomas Peddle
  • Investor
  • Aurora, IL
13
Votes |
31
Posts

Verifying Rental Applicant Income - 1099 Contractor

Thomas Peddle
  • Investor
  • Aurora, IL
Posted

Folks, I am placing my first tenant and would appreciate your help!

I have an applicant who passed both my credit and background checks. This person has listed a substantial monthly income as an independent 1099 contractor, and has provided me with a copy of his 2017 1099 form. I also received verification from his employer that the earnings info is correct.

Everything looks good on paper, yet my "spidey-senses" are tingling. What other due diligence should I use?

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