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151
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68
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Eduardo Cavasotti
  • Investor
  • Charleston, SC
68
Votes |
151
Posts

Section 8 owners: how do you reconcile split rent?

Eduardo Cavasotti
  • Investor
  • Charleston, SC
Posted

For owners running Section 8, how are you reconciling the HAP payment and the tenant portion when they hit on different days?

I have seen the monthly statement look clean while one side of the rent is still short or late. The trap is treating the approved contract rent as received rent before both pieces actually land.

What are you using to catch a month where HAP posts short, the tenant portion comes late, or the two pieces do not tie to the statement?

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