prospect tenant is independent contractor Schedule C ?
I received 2012 Schedule E. Shows gross income of $62k but after expenses, $33k. The prospective tenant uses a vehicle for his job so has $20k alone in vehicle expenses.
The person didn't include a depreciation schedule so I requested that.
The rent is $1500 so am concerned if would have enough income. The previous landlord said paid on time.
This year, he provided pay stubs showing $5200/month gross & another job of $1800/month gross again, as an independent contractor.
How do I determine his income? Should I request 2 months of bank statements for his personal account?