this post was submitted on 23 Feb 2024
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[–] Windex007 82 points 1 year ago (1 children)

If I were a landlord I'd cut them a deal where they pay me in cash but I refund them 200% in 1099A forms every month for free infinite money.

Let them deal with cashing them instead of me, problem solved.

[–] Wogi 46 points 1 year ago (1 children)

1099a is used to report the acquisition of property. Like in a foreclosure.

The renter tried to foreclose on the landlord for the property he was renting.

[–] Windex007 39 points 1 year ago

In other posts I've seen, sovcits believe that each us citizen has a trust held by the government, which can be "accessed" by claiming it, or portions of it, through a 1099a, which is the root of their obsession w/ 1099a. (As far as I understand their underlying beliefs)