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Updated over 3 years ago on . Most recent reply

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Michael Pirrello
  • Rental Property Investor
  • Tampa, FL
3
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8
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Tenant Cloud manually add rent from section 8 ?

Michael Pirrello
  • Rental Property Investor
  • Tampa, FL
Posted

I am currently looking at using Tenant Cloud for a duplex.  One tenant is section 8 and the other is not.  This will be my first section 8 tenant as well as my first time collecting rent through Tenant Cloud.  It seems that I will receive the majority of the rent through direct deposit from the section 8 housing authority.  Is it easy to manually add the rental income on the app and will it sync in order to show the overall financial reports for the property? Thanks for the help!

Most Popular Reply

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Brandon Rush
  • Real Estate Agent
  • Portland, CT
831
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747
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Brandon Rush
  • Real Estate Agent
  • Portland, CT
Replied

Hey Michael,

Funny thing, I am in the same situation as you. I previously had a section 8 tenant but their rent was fully covered so it was easy to invoice them via tenant cloud. With my new section 8 tenant, I am still invoicing the tenant for the full rent amount but I am allowing for partial payments. This will allow for the tenant to pay their portion and when the money comes from section 8, I will take it off their balance and zero out their account for the month.

I hope that makes sense. If you need further clarification, please let me know. I am a big fan of tenant cloud!

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