I would really like to see - and appreciate - a broad discussion, to hear the views of lawyers and CPA's, on the pros and cons of LLC's, Landtrusts, personal ownership, S-Corps, partnerships, and how to use them to strike that best balance of both reduction in liability exposure and best tax planning. 

So it will have to be a balance across reducing their rent and showing them the average historical utility cost before making the transfer of utility to them. 

He is happy with his so called balance portfolio of stocks/bonds/ect...but no REI.Tell your mom that lots of MDs (doctors) are doing REI....and none of them are worried about "wasted years studying to be a doctor" by doing REI.  

From what I have gathered from your posts in the past, landlord and tenant law in the Maritimes seems to be fairer and more balanced.

I just send the CPA a QuickBooks P & L  and balance sheets

Try to find out mortgage balance. 

After I evicted the tenant she agreed to a settlement which awarded me a  judgement which stated she would pay $250 a month until the balance was paid.  

Well, it says exactly "To reduce the risk of unforseen foreclosure, keep your mortgage balance as high as possible."

Our balance sheet on the form 1065 is currently what would be expected.

If you go through the legal eviction process and in your lease you have stated that the tenant is responsible for all damges including the balance of lease and upkeep do you think it is probable that the money can be collected?