First, I am by no means an expert but considering this took me several hours of trial an error and internet searching, I thought I would post my resolution.

1. apt-get install gpsd
2. apt-get update
3. optional: apt-get upgrade (latest and greatest)
4. dmesg; determine where GPS connected, example: usb 4-1.2: pl2303 converter now attached to ttyUSB0
5. dpkg-reconfigure gpsd; follow the prompts
5.1 no
5.2 yes
5.3 /dev/ttyUSB0 (or location specified in step 4)
5.4 optional (I left it blank)
5.5 accept default (/var/run/gpsd.sock)
6. modify /etc/kismet.config (search for gps)
6.1 gps=true
6.2 gpstype=gpsd
6.3 gpshost=localhost:2947 (default port)
6.4 gpsmodelock=false
6.5 gpsreconnect=true
6.6 comment out (with # character) if not already commented
6.6.1 gpstype=serial
6.6.2 gpsdevice=/dev/ttyUSB0
6.7 SAVE
7. run command gpsd /dev/ttyUSB0
8 start kismet

Hope this helps!