How can I rent a house as two separate rental units LEGALLY?

[Yamin Tun]

Hi,

I want to rent my house 6 brs, 2.5 bas as two rental units without converting into a duplex. My concern is how to handle utility bills between two units without a disagreement. I find that converting the property into a duplex is a lengthy and costly process, and I want to start renting it legally without going through a long process, because I've spent for rehabs and don't want to put in more for now. I will appreciate your helpful advice.

[Matthew Kwan]

You'll either have to convert the house into a legal duplex by getting permits from the city or you install an electrical panel split so that you can track each units/bedrooms of their power usage.

In terms of lending world and being to use the rental income, the property needs to be a legal duplex meaning title must be shown as a multifamily and not a single family in order to use the rental income separately.

@Albert Bui @Carlos Valencia