Handle Section 8 tenants
If you have tenants receiving Section 8 housing assistance, part of their rent is paid by a government housing authority, and the remaining amount is paid by the tenant. You can track these payments separately in Rent Center to ensure accurate records.
Set up a Section 8 tenant
In the Rental Property tab, select Rent Center.
Select the tenant receiving Section 8 assistance.
In the Rent Details section, enter the total rent amount.
In Payment Sources, add:
The housing authority as a payer for the subsidized portion.
The tenant as a payer for their portion of the rent.
Record rent payments for Section 8 tenants
When recording a rent payment, select Enter Rent Payment.
In the Received From field, choose either:
The housing authority for their portion of the payment.
The tenant for the remaining balance.
Enter the payment details and select Save.
Track Section 8 payments
In Rent Center, payments are listed separately by payer.
If the housing authority’s payment is late, you can follow up and record it when received.
To adjust a rent amount, update the Rent Details section for the tenant.
Generate reports on Section 8 payments
You can generate reports to track Section 8 payments from both tenants and housing authorities.
Go to the Reports tab.
Select Rental Property Reports.
Choose one of the following reports:
Rental Income Report to view total rent collected, including Section 8 payments.
Rent Center Report to see detailed payment records by tenant and payer.
Cash Flow Report to analyze income and expenses, including Section 8 payments.
Customize the date range and other filters as needed.
Select Generate Report.
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