MangoUse DMZ and you get a kick in the dick.
Premium Member
join:2008-12-25
www.toao.net |
Mango
Premium Member
2009-Oct-8 6:06 pm
Landlord wants rent payment in cash. Is this normal?My wife and I are renting an apartment and our landlord says he requires payment in cash, not cheque. He says he's happy to write me a receipt. Every other place I've lived they've accepted cheques. Is this common? Is there anything I need to be aware of? |
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tcope
Premium Member
join:2003-05-07
Sandy, UT |
tcope
Premium Member
2009-Oct-8 6:16 pm
Normal for someone who does not want to get caught not paying income tax on income. If you have a receipt I'd not worry about it... other then the hassle of getting the cash. |
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 dcurrey
Premium Member
join:2004-06-29
Mason, OH |
to Mango
I agree he is probably trying to hide money. As long as you have a receipt you should be good to go until he goes to jail. |
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to Mango
His request is unusual but if that's the way he really wants it and otherwise isn't raising any red flags, just go along with it and give him the cash.
He might be evading taxes, hiding his income from creditors, or maybe even his wife! Maybe he's just one of those quirky types who has a problem with banks. It's really nobody's business.
Cash is fine, but hang onto the receipts! If he cashed your check, the cancelled check would be the same as a receipt anyway. It's all the same in the end.
mocycler |
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to Mango
The biggie that everyone left out, is the avoidance of Child Support payments. |
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 The PigI know you want to be me
Premium Member
join:2009-09-11
1 edit |
The Pig
Premium Member
2009-Oct-8 6:56 pm
said by gregz1:The biggie that everyone left out, is the avoidance of Child Support payments. The landlord has kids he is not supporting?  It happens all the time, as said above just get a receipt, the landlord should have no problem with that as you don't claim rent on your taxes. |
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 shaner
Premium Member
join:2000-10-04
Calgary, AB
3 recommendations |
to Mango
It could be as simple as the landlord is tired of bounced cheques.
Make sure the receipts are signed. |
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to Mango
Just make sure to get receipts...
Who cares why they want Cash only... Not your concern...
If you are worried about it make your own receipts and have the landlord sign them saying they received the cash... |
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 seaquake
MVM
join:2001-03-23
Millersville, MD
2 recommendations |
to Mango
I'm curious as to what the landlord would say if you asked him if he'd accept a cashier's check? That guarantees the money is there when he deposits/cashes the check.
I'll give him the benefit of the doubt that he's been screwed by bounced checks in the past. |
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ctggzg
Premium Member
join:2005-02-11
USA |
to Mango
That was my first thought too, but how would taking checks make him liable for income tax or child support? Do you think the IRS goes through everyone's bank account activity looking for unexplained cash? |
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 Khaos-K-OS-
Premium Member
join:2007-03-12
West Palm Beach, FL |
to Mango
What about Money orders, will he accept those? At least you have 2 receipts when you get a money order.. |
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to ctggzg
Yes. Believe or not, if the government (state or Federal) have your info (name, ssn, dob), they can find out who you bank with, and how much is in the account. How do you think that states intercept peoples bank accounts to collect past due, without them knowing until it happens. |
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 RayMahnahmahna
Premium Member
join:2001-04-02
85120 |
to seaquake
said by seaquake:I'm curious as to what the landlord would say if you asked him if he'd accept a cashier's check? That guarantees the money is there when he deposits/cashes the check. Bzzt! Cashier's checks are easily faked. Look online at all the "I'll pay you price+x and you just send me the difference back w/ product" scams. |
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 hortnutHuh?
join:2005-09-25
PDX Metro |
to ctggzg
OP is in Canada so IRS would not apply. Canada's equivalent though would. Now I am curious how Canada handles something like this? And how the Provinces do as well?
But then maybe he has been burned by bad checks.
When I had a Business here in the States - some customers had to pay me in Cash, if they wanted my product. They had given me rubber checks in the past. A lot of hassle to make the checks good.
Yet I had so many paper trails - order forms, order pull sheets, order numbers, invoices, I had to report the sale in full. |
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| hortnut |
to Mango
I had a Landlord like that a couple years back - got a receipt and had him sign my own receipt. So had two pieces of paper to back up that I had paid.
Plus every month I would try to draw the rent from the bank at the same time of the month and only the amount of the rent. |
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 KrKHeavy Artillery For The Little Guy
Premium Member
join:2000-01-17
Tulsa, OK
Zoom 5341J
1 recommendation |
KrK to tcope
Premium Member
2009-Oct-8 8:52 pm
to tcope
Most likely, he's cheating somewhere. Taxes, or on income (think Alimony, Child Support, etc). Maybe he has a legal judgement against him which would garnish said income etc. It appears he's trying to hide the income. Maybe he collects welfare or Government aid and doesn't deserve too.
There's one other possibility. He doesn't have a bank account, and doesn't want to eat the fees and hassle for cashing your checks or Money Orders or etc... but that's somewhat unlikely. |
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 David
Premium Member
join:2002-05-30
Granite City, IL |
to Mango
The landlord @ the place I used to live at (near the end) only took money orders or cash. He got tired of the bounced checks as well. Plus the Bank hits him with a $25 fee per bounced check.
Finally he went with money orders or cash. For an added fee he would accept paypal.com payments back in 2003 (when I moved out).
Not sure if he does now or not. |
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to Mango
I had a landlord that wanted cash. It's because he didn't want to deal with bounced checks.
It was a pain in the ass however it did have a benefit. I didn't have to wait for a landlord to cash my check. I have had landlords take up to fourteen days to cash it.
When I check my balance I like it to be sorta accurate |
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 RoboticsSee You On The Dark Side
Premium Member
join:2003-10-23
Louisa, VA |
to Mango
I'm curious if that was stated in the original landlord tenant agreement.
If it was and he changed his mind, and didn't write up another agreement, and you all didn't sign, then he has a problem there. |
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to shaner
said by shaner:It could be as simple as the landlord is tired of bounced cheques. Make sure the receipts are signed. ^^ What he said. Taking cash as rent is especially common in areas with a lot of student housing. |
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horsemouth1Please Clarify My CSP
Premium Member
join:2002-03-13
canada |
to Mango
He may be new at the game.
I was like that when I first started renting. DUMB Or on a power trip?
Now you don't get to move in without 12 postdated checks. It makes life easy. |
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Fisamo
Premium Member
join:2004-02-20
Apex, NC |
to Mango
Does the Canadian postal service sell money orders, and would the landlord accept one? How about Western Union?  |
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to Mango
said by Mango:Is there anything I need to be aware of? Get the receipts and keep them in a safe place. If you live have any problems, you can use his obvious anti-tax behavior as leverage. Threaten to turn him in to the IRS. Mark |
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 ergibbsTo Be Free
join:2001-03-07
on the ocean |
Yeah, that'll work, until he shows you his tax returns and tells you that he just didn't trust checks. If you're going to give advice, make sure it at least makes a little bit of sense and is not based on juvenile irrationality. |
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 cacrollEventually, Prozac becomes normal
Premium Member
join:2002-07-25
Martinez, CA |
to Mango
Is the landlord the owner, or an onsite manager for the owner?
Keep the receipts. Copy the receipts, and keep the copies in a safe, offsite storage.
If he does a good job keeping the place maintained, and keeps the other tenants in line, I wouldn't have a problem paying in cash. As long as you protect yourself. |
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 bentand Inga
Premium Member
join:2004-10-04
Loveland, CO |
to gregz1
said by gregz1:Yes. Believe or not, if the government (state or Federal) have your info (name, ssn, dob), they can find out who you bank with, and how much is in the account. How do you think that states intercept peoples bank accounts to collect past due, without them knowing until it happens. No. There is a process before the State or IRS can levy your bank account or receivables. The states generally have more leeway and are more aggressive than the IRS, but they can't hit your account without notice. You can try to avoid the notice and claim you didn't know, but they are required to give it. |
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 sawman
Premium Member
join:2002-04-25
BC KS |
to amigo_boy
It wouldn't be the IRS, It's the CRA. |
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to ergibbs
said by ergibbs:Yeah, that'll work, until he shows you his tax returns and tells you that he just didn't trust checks. Yes, that's a possibility. But, the majority of people I've encountered who prefer/require cash payment do so to avoid the record of income. I'd definitely play the threat card if I had a problem with the rental. Mark |
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The PigI know you want to be me
Premium Member
join:2009-09-11 |
to Mango
When a landlord say he wants CASH, thats what he wants.
No checks, No money orders, No credit cards, just CASH! |
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to Mango
i'm willing to bet that the guy has gotten stiffed over the years with bad checks and just wants to make sure he gets paid. i usually recommend that landlords accept cash and just give a receipt. money orders and bank checks can easily be faked nowadays. |
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