I divided them in strips from the river (an interesting learning experience where I spoke to a survey engineer friend of mine, as to the "center of the river" bearing).

I do have a 1.3 acre and 7 acres pieces of vacant land that I divided off before I sold our previous house and those are free and clear, one of which I might be selling on a CFD for 3 yrs.We started off on the right foot in the beginning but we have no investments and I am been thinking about getting back into something but where and how to start is the tough one.

Hi, yes, kind of, once you divide utilities as mentioned, you have some compliance issues to deal with, evemn compliance issues that won't really pertain to you as dividing a garden hose with a meter on it.

The real only sub-metering I do is to take the bill and divide it in to the number of tenants in the building and send them an invoice to be paid!

You definitely need an AGREEMENT/CONTRACT in place with her that defines the roles & requirements of each party and how proceeds will be divided.

The deduction is equal to the sum of:  The lesser of: Combined Qualified Business Income, or20% of the excess of: the taxable income divided by the sum of any net capital gain.The lesser of: 20% of the aggregate amount of the qualified cooperative dividends of the taxpayer, ortaxable income reduced by the net capital gain.

Hey Jake,To put it simply, its all perspective based, so for instance, in peoria AZ where you have older families with more money or snowbirds that have money and just want to rent during the winter, they dont mind paying higher rents so you could envelop the costs into your per month charge making it easier piece of mind for the renter. here in san antonio, a blue collar town, they dont have the money so its better to put the responsibility of utilities on the tenant (in most cases) so for both paying utilities yourself you would add the total of cost to your monthly expesesfor tenants paying utilities you would avg. your vacant expense cost for utilities per year and divide that by 12 to have your monthly expense for utilities.hope this makes sense :/

The way I calculate is I take the gross rent divided by the purchase price + rehab costs.

Quote from @Barry Ruby: @Mitch MesserI believe that Cash on cash measures return on equity ROI is the return on investment which measures total cash flow and sales on total capital investment I don't deny that cash-on-cash return (COCR) is not the only metric worth considering for rental property.That said, COCR is defined as cash flow divided by all-in-cash-investment [https://www.investopedia.com/terms/c/cashoncashreturn.asp].That's very different from return-on-investment (ROI).Per above citation: "ROI calculates the total return, including the debt burden, on an investment.

The anualized return of 12% is broken down at a per diem rate.ex:100,000 (borrowed) times 12% = 12,000 anualized return12,000 divided by 365 = $32.88...which is their daily dollar amount return.That's what I meant.