How to apply rent credits automatically to rent during your current sublease:
It's easy! To make this change to your current sublease please fill out the contact form in the bottom right corner of your screen. Going forward, rent credits will automatically be applied to rent for all new subleases and renewals.
How rent credit timing works:
Credits earned in a given period will automatically be applied to your rent due 15 or more days after the period ends.
- June 16 - 30 Rent Credits will be applied to August rent
- July 1 - 15 Rent Credits will be applied to August rent
- July 16 - 31 Rent Credits will be applied to September rent
- ... and so on!
Once you're setup you can always see your progress on your Hosting Dashboard!
Please note: If you'd prefer to stick with the current Rent Credit payouts for the remainder of your current lease that's perfectly fine! There's no action needed. Because of the increased complexity of payments during COVID, rent credit payouts are delayed by 1 week - you can expect to receive them the 2nd and 4th weeks of each month if you don't want them automatically applied to rent.
Rent credits earned will still be taxable income, and you can find more information on the tax impacts here: Link