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Updated over 5 years ago,
Tenant payroll deduction for rent
Has anyone played with this?
Tenant gets paid, you get paid. Simple and good for everyone. Landlord gets a peace of mind knowing that no matter what your tenants will be paying rent on time as long as they keep their jobs. It is also an opportunity to collect extra rent having bi-weekly payments as long as the lease supports the extra payments.
Anyone with experience/knowledge setting up deductions out of tenants checks please comment below of how to start and execute the process.