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Updated almost 3 years ago on . Most recent reply

Osazee J Osagie's profile image
Osazee J Osagie's profile image
Osazee J Osagie
  • Investor
  • from Potomac Maryland
  • Member since Jan 26, 2020
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Osazee J Osagie's profile image
Osazee J Osagie's profile image
Osazee J Osagie
  • Investor
  • from Potomac Maryland
  • Member since Jan 26, 2020
Connect
Osazee J Osagie
  • Investor
  • Potomac Maryland
46
Votes |
77
Posts
General Landlording & Rental Properties

Direct deposit of rent from Social Security?

Osazee J Osagie
  • Investor
  • Potomac Maryland
Posted

Hello BP folks! 

I'm in the process of renting out a single family home. I vaguely remember someone mentioned a way to have rent directly deposited in my account from any renters who are receiving social security. In other words, the Social Security Administration would deduct the rent from the tenant's check and deposit it directly into my account. Has anyone heard of this and, if so, how is it done?

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