Greater opportunity, yes; however, cash is still legal tender in the US and it used to be illegal to not accept it as payment (this may have changed). And, as the payer, make sure you get a receipt so they can’t screw you and if the landlord doesn’t pay taxes, you’re not culpable - it’s their responsibility, not your’s.
Cash is fine. The receipt is important, though, for a number of reasons. Not many people are going to go withdraw $1,100 just to pay rent, unless they’re getting a discount for cash, which is a good indication there’s some tax dodging going on.
Even if you trade sex for rent, get a receipt saying you paid your rent.
For some (historic) reason bank transfers are very underutilized in America
My guess is that forcing you to withdraw cash or write checks is more profitable for one of the most under-regulated industries in the world in one of the most under-regulated countries in the world 🤷
The last time I paid for rent via check was… 12 years ago? And that was for a pretty ghetto apartment. Everything before and after was electronic (some used Paypal, some had a website that accepted bank transfers, and accepted Venmo). I write maybe one check/year these days, and usually for a wedding. This year, I’m back to writing multiple, because my kid’s pre-school charges extra for Venmo for some reason.
Is it normal to pay cash for rent in the US? I’ve always done it by bank transfer, set up to pay automatically on the agreed date…
Seems like a great way to perform tax fraud.
Greater opportunity, yes; however, cash is still legal tender in the US and it used to be illegal to not accept it as payment (this may have changed). And, as the payer, make sure you get a receipt so they can’t screw you and if the landlord doesn’t pay taxes, you’re not culpable - it’s their responsibility, not your’s.
Cash is fine. The receipt is important, though, for a number of reasons. Not many people are going to go withdraw $1,100 just to pay rent, unless they’re getting a discount for cash, which is a good indication there’s some tax dodging going on.
Even if you trade sex for rent, get a receipt saying you paid your rent.
I don’t know about rent, but an increasing amount of the retail industry no longer accepts cash.
It’s kinda funny seeing some places that don’t accept cash, and others that charge as high as a 4% fee (that I’ve seen)?for using a credit card.
Years ago you needed to send them a check every month. You also mostly got paid with a monthly check.
For some (historic) reason bank transfers are very underutilized in America. I think it gets better though? I don’t know am not 'murican.
My guess is that forcing you to withdraw cash or write checks is more profitable for one of the most under-regulated industries in the world in one of the most under-regulated countries in the world 🤷
Just how backwards do you think we are? I haven’t written a check for at least ten years. Everything is electronic now.
Very, very backward
The last time I paid for rent via check was… 12 years ago? And that was for a pretty ghetto apartment. Everything before and after was electronic (some used Paypal, some had a website that accepted bank transfers, and accepted Venmo). I write maybe one check/year these days, and usually for a wedding. This year, I’m back to writing multiple, because my kid’s pre-school charges extra for Venmo for some reason.