Can the cost to install a submeter for utilities be tax deductible? I would have assumed yes but I know many landlords who havent done it so maybe not? 

Hi Reginald,  wholesaler , seeking discounted properties , partners, title agents, investment funding. Building a team.

http://www.zonerichmond.com/welcome.htmlImagine what will happen to home prices when folks in SF realize they can have a 15 min ride from Richmond to downtown SF and live in a beautiful condo on the water for 1/3 of the price of SF.  

There's property tax, insurance, trash, water, sewer, property maintenance, state transfer tax on both the buy and sell.

With as hot as the market has been recently, many folks who bought in 08 are realizing that they are no longer under water.

Is it illegal to have one water meter in a duplex property when renting both sides out?

Combine that with the rusted out gutters leaking water on there and the California sunshine and I bet you dollars for doughnuts that the siding will be pretty rotted in places.

I am also assuming that the utilities they are speaking of is water/sewer.  

Anybody have any experience renting out properties in this county (western Spring Hill area, preferably)?

We are an investor friendly HUD Brokerage that also does rehabs for our out of State and out of Country investors.Contact me and I can give you contact info for a great contractor in Altamonte Springs.