Common Landlord Questions

I am a landlord, does this affect my credit? Do you report to the IRS?

Cullen Canazares avatar
Written by Cullen Canazares
Updated over a week ago

At Rental Kharma, we have noticed a lot our landlords have asked similar questions and expressed common concerns. Here are some of the most frequently asked questions asked by landlords. Remember, the Rental Kharma service is absolutely free for your landlord and only requires a small time commitment.

I am a landlord. Will this affect my credit or be reported to the IRS? 

Absolutely not. We do not share your information with any person or agency. We do not report your rental information to your credit report or to the IRS.

Does this cost me money?

No, Rental Kharma is a service that is free for landlords and property managers.

How much time does this take?

The initial verification takes as little as 3 to 5 minutes of your time. Monthly updates take less than a minute on average.

What are my contact options?

For initial verification, this must be completed in a phone call or with an email.
For monthly updates, Rental Kharma can send text messages, emails, phone calls, and if you like, faxes. 

  • We can either send you a text message or an email with a link to a monthly update page, give you a phone call or send a fax to verify your tenant’s rental payment for the month! 

  • We want to know 1 of 3 things, whether your tenant has paid rent for the month, if they were more than 30 days late with their rental payment or if they have moved out. 

How do I sign up my tenants? 

Simply visit our partner page to start referring and earning extra cash.

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