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All Forum Posts by: Robert A McIntosh

Robert A McIntosh has started 1 posts and replied 1 times.

I have been toying with the idea come early 2021 that for any tenant that has taken advantage of the Covid situation and NOT paid rent ( 12 months of rent over $11k in unpaid rent) even with both of them working and we just got to court last week as we filed eviction in early Feb ( pre covid) 2020 the judge this week issued the warrant of eviction as they admitted in court they are employed but just did not want to pay rent...... I know I can write off the loss on taxes but the probability of collect any rent even with a judgment is very low. Just as a way to make their life more difficult I have heard issuing a 1099 to them as they indirectly got value of living in apartment for 1 year.   Just like in the credit card world where you settle a debt for less than what was owed you typically would get a 1099 issued for the amt you did not have to pay. It becomes income on their tax return.  I received zero dollars they got $10k+ of value. I have the SS number(s) from the application.   Just looking for feedback of anyone that has or is doing this idea.  Thanks  Rob M   Note I am in NY State a "tenant friendly state"