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All Forum Posts by: Alecia Loveless

Alecia Loveless has started 74 posts and replied 2973 times.

Post: Does shared furnace necessitate rent discount?

Alecia Loveless
Posted
  • Posts 2,989
  • Votes 2,140

Hi John,

The breaker box controlling the furnace is in a closet next to the furnace and the thermostat controlling the temperature is on the other side of the furnace in the kitchen. 
Thanks! Alecia 

Post: Does shared furnace necessitate rent discount?

Alecia Loveless
Posted
  • Posts 2,989
  • Votes 2,140

Thank you John. I have already set a rent amount with my tenant as he is moving from a property I am selling into the new one. My best bet is to probably do as you say and tell him it’s included and then adjust the rent accordingly in the future if he continues to live there multiple years or when another tenant moves in. 
Alecia

Post: Does shared furnace necessitate rent discount?

Alecia Loveless
Posted
  • Posts 2,989
  • Votes 2,140

Hi. I recently bought a duplex and the two sides share a furnace. I live in the side without the furnace which provides both heat and hot water. The two units are separately metered for electricity.

Currently the other side is being renovated and should be rented shortly, the tenant is ready to move in at any time.

My question is this. The cost for the electricity to run the furnace, it is an oil furnace, but electricity kicks it on, and to supply the hot water to my side of the duplex is $15 a month during the winter and about $5 a month when the heat doesn’t run. Should I offer my tenant a discount on his rent to offset my costs, or even worse, pay the tenant’s electricity?

Thanks!

Alecia