Landlord Question and Answer Forum

How do you verify someones income who does not receive a pay check? I asked for last years income tax form but not sure how this could not be verified.

i would contact their employer. This site offers a form you can send the employer to verify their employment information. HOpefully that will help.

Posted by J D, CA on Wednesday, July 5, 2017

You're taking a risk!

Posted by Stan M, CA on Wednesday, July 5, 2017

Wow, I would not go there. If the person does receive a paycheck I would be concerned that the income is illegal. Unless the person is a trust fund baby and has bank accounts that show an amazingly high balance (we did receive one of those applicants once and still said no) I would run away quickly.

Posted by Kellie G, CA on Tuesday, July 11, 2017

I would look at the last couple years of tax records for verification. If they can't prove their income I would not approve them. I did have a tenant once that owned her own business and didn't give herself regular paychecks. She provided me with all the financials for her business. I could see what I needed to see with that paperwork, and a wonderful credit report. She turned out to be a wonderful tenant. I have had many applicants that were very shady that could not prove income that I passed on.

Posted by Elizabeth M, KS on Thursday, July 13, 2017

You can get 12 months of bank statements to get an average of deposits also.

Posted by Garry R, MT on Tuesday, November 14, 2017

20

Posted by jahfwkwi j, on Wednesday, April 3, 2019

20

Posted by jahfwkwi j, on Wednesday, April 3, 2019

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