I have a couple of companies, one of which is a company that does repair and painting for utility companies in their substations.

Hey everyone, I just closed escrow on a duplex but I have been having some concerns regarding renting both units out to tenants.First, I am going to be placing a community washer and dryer but powered by one of the unit's gas and power, should I go about reimbursing the tenant for the utility costs?

I am skeptical any utility would provide a list of recent shut offs.

You pay utilities and maintenance of the laundry rooms.

If it was all utility bills for example and the guy never had a loan or a credit card, then there would be no credit history.

Bill, why is it that everyone who chooses to utilize their 2nd Amendment rights is a "bad azz" with an attitude?

If you leave it off and just put a phone number on there (a local phone number, not a toll-free, no extension), I've found an increase in response rate.

There will be a significant upfront cost/investment to do this but I am thinking it can be a long term profitable little side business ESP. b/c of the fact I will own the building and will not have to pay rent to anyone buy myself as well as it won't require much overhead to run the business.The other positive factor is I would buy the equipment new so there would be low maintenance/repair issues.The way I see it my biggest expenses would be utilities IE. water and gas electricity, as well as insurance and then whoever I hire to run the business.

I checked out my trans-union report, and it said that like a measly $7,000 in sallie mae loans that I took out a few years ago are utilizing 48% of my revolving credit.

You then can utilize that amount for purposes of determining the depreciable amount for the building.You then depreciate this over 27.5 years beginning when it is "placed in service".