General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
have you ever been paid rent directly by social security?
oh boy. I have these potential applicants who are very old, and managed by some assisted living program. 4 old ladies, cognitively impaired, disabled, from what I can infer.
The assisted living supervisor came to see my rental, and told me that rent would be paid directly from their social security, from the gov't straight to me. 4 individual payments from each of the 4 ladies' accounts.
Normally, I don't like to mess with anything involving the government. I don't know if they're going to scrutinize me, have me fill out a bunch of paper work, maybe the IRS will be on my arse. Who knows.
Have you ever dealt with such a situation?
What can you say about this?