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Tax, SDIRAs & Cost Segregation

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Joe Schultz
Pro Member
  • Marble Falls, TX
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38
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Collecting Rent, what are the best options

Joe Schultz
Pro Member
  • Marble Falls, TX
Posted Jun 18 2022, 17:21

Half of my renters pay in person, some direct deposit and mail or deliver to my designated place (home).

what do you think is the best way to handle this?

Notes: I see that when the bring it in person, this develops more of a relationship.

Electronically is easier, once they learn the system but it will probably cost some to do this. It's probably easier for someone to hack into (even though I am sure there are things to do to help this be quite secure).

Direct deposit,  I have to give them part of my account number (is there a better way?).

Thank you, Joe

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