While you may just provide a receipt for rent paid, some states require receipts for all payments made by the tenant. It’s a requirement by the state if you have properties in Washington, Maryland, and New York. Rent receipts should always be provided if a tenant pays in cash as it may be the only written proof that payment was made. Commercial property managers and landlords.Collecting rent from a duplex, triplex, or quadruplex.The property manager of a turnkey rental property.Renting out your vacation rental property.A property manager collecting cash from a tenant.A landlord collecting cash from a tenant.The following scenarios generally call for a rent receipt: However, a landlord can err on the side of caution and provide a rent receipt, so there’s no disagreement later on about if rent was paid or when it was paid.
