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Updated about 6 years ago,

User Stats

28
Posts
7
Votes
Bruce Gardner
  • Indianapolis, IN
7
Votes |
28
Posts

Rent Overpayment Advice

Bruce Gardner
  • Indianapolis, IN
Posted

One of my tenants overpaid their rent (by 14%, not just a few bucks).  I know why (they mistakenly thought they had to pay for something that I had agreed to cover).  It's their money, I'm giving it back...my question is:

1)  Give it back in the form of a "refund"?

2)  Apply it to future rent?

3)  Something else I haven't thought of?

Applying it to future rent is "easier", but I like the idea of keeping "clean" books and handling the refund separately from future rents. Does this really even matter?

What do y'all think?

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