Landlord FAQs
No. PayRent can deposit your rent payments to any bank with branches in the United States, usually within 3 days from when rent payments are made.
Wed, 1 Jan, 2020 at 11:52 PM
Yes. Our maximum per transaction is $50,000 USD. However, there is no limit to the number of transactions per month or per property. Splitting rent payments...
Wed, 1 Jan, 2020 at 11:53 PM
Yes. You can create as many PayRent accounts as you need. Many Landlords create separate accounts for each property or group of properties. You will need a ...
Wed, 1 Jan, 2020 at 11:53 PM
To invite a renter, you'll visit the 'Invites' tab on your dashboard. Click "Invite a Tenant" and fill out the form. You'll need ...
Tue, 16 Jun, 2020 at 1:14 PM
As a landlord, you have the option to absorb the ACH transaction fees, pass them through to your renter, or split a percentage of the fees between both part...
Wed, 1 Jan, 2020 at 11:55 PM
Making rent payments using a credit card is considered to be a convenience for a renter and is significantly more expensive than ACH. Renters pay all credit...
Wed, 1 Jan, 2020 at 11:55 PM
Yes. each property has an option to prevent payments which can be manually toggled on or off at your convenience.
Wed, 1 Jan, 2020 at 11:56 PM
Internal Revenue Service rules require that we distribute an IRS 1099-K only if you exceed 200 transactions AND process more than $20,000 in rent payments a...
Wed, 1 Jan, 2020 at 11:56 PM
Confirm your PayRent account is set up for ‘daily’ settlements in your WePay account. Follow these instructions: 1. Log into WePay account HERE 2. Cli...
Mon, 11 May, 2020 at 10:15 PM
How to Download a Payout Report 1. Log into WePay 2. Choose Reporting on the left 3. Select the Settlements tab 4. Enter a Date Range, then click Ap...
Mon, 11 May, 2020 at 11:06 AM