Yes, fairly often.
The secret.... a really large drop shank
Based on some other threads I've seen you post up I'm assuming you're looking at a 4" lift kit. Realistically you aren't going to have any problems towing at that height. A 1500 with a 4" lift kit is the same height as a 2500/3500 stock. Just get a proper hitch setup for whatever trailer you're pulling and you'll be good to go. On a 1500 a set of airbags wouldn't hurt to help prevent squatting and give you a little more stability.