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Updated about 9 years ago,

User Stats

43
Posts
7
Votes
Brett Roth
  • Investor
  • Anchorage, AK
7
Votes |
43
Posts

Check made out to wrong "name"

Brett Roth
  • Investor
  • Anchorage, AK
Posted

Ugh....

      I screwed up.   I wanted different email accounts for my real estate and personal so I named my email account with a name "______ properties".  Anyway, its allowed some separation of email which is nice.  When it comes to brass tacks......leases, receipts, checks, etc.- my name is always signed. Unfortunately a wonderful tenant had a check made out to "______ properties" and I don't know if I'll be able to cash it.....  The check is from a third party so its not like the tenant can easily "write a new check" and they said it took several months for the organization to issue the check.  I know my first move is to talk to my bank.  After that I will try to explain the situation to the third party and involve the tenant in that explanation if necessary.   I recognize that this is my fault and don't want to create a hassle for the tenant.  Also I know I should look into make this a formal business name, or as I've been reading a "doing business as" so as to avoid this in the future. Any other ideas?

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