@Blair Ross JrElectric/Gas: Contact the utility provider to see if separate meters are allowed for your property.

It cash flows without the utilities split but I am planning to hold onto for a long time so splitting the utilities seems to make sense.

Utilities for the Rented HouseDeductible as a rental expense from when the property was placed in service (ready to rent).

So now we cover utilities for both units and the new tenant pays a higher amount too on the back unit to cover all the utilities with a great profit.  

I would definitely go with a utility cap. 

Thank God the utilities weren't more expensive.So let's agree to disagree and count it as a lesson of doing business and picking the right people to be on your team! 

Any recommendations on ways to best utilize this new income would be greatly appreciated. 

hi all i am a new landlord and got my first rental property. tenants moved in in September and October. the first month was fine but when December hit it got extremely cold and the heating is electric. due to poor insulation in the home that we did not know about the heat has to be turned very high up to keep the home warm, however since everything is electric it is causing the electric bill to be $800. the utilities are the tenants responsibility. however because of this one of the tenants has been extremely non compliant with paying rent.

What value is expected or provided by an agent who specializes in multi-family residential, not commercial. 1-4 units. Kind of silly but I always feel they keep the best deals for themselves

We got lucky the county picked up the waste dump pickup and dump fees.