Hi all,I bought a 3-unit in Upstate NY back in Oct. I have battled with the local utility company every month since, as they had wrongly assigned meters and tenant payments have been sitting in limbo. This has been es...

Hello everybody!I’m in the process of buying my first duplex (which will be my first rental ever) and have a quick questions about utilities.I will be living in the upper unit while I am inheriting and trying to keep ...

I have some questions:
I recently bought a 5 bedroom 3 bath house. I plan to househack it and I have some general questions.
1)  Should I rent the whole house as a 4 bed 2 bath or by rooms individually?  If I rent b...

Story time! I purchased a long term rental in 2020 and shortly after my first tenants lease was up I came to find out they up and left, breaking the lease, and leaving me with a ~$10K bill to get the home rent ready a...

So I have a two flat, but it has common stairways and a laundry room. Will ComEd add a meter that I can have an electrician just wire to those areas even if it doesn't directly correspond to a unit? We'd be looking at...

I just purchased a single family rental property in western Houston, specifically in the Katy/Cinco Ranch area. I've got renters lined up to move in for July 1, but I have a question about utilities.Are there any util...

I looked at a sixteen unit multi family today. It consists of two buildings. There are a total of three gas boilers for heat. The landlord pays heat and water, but each apartment has it's own electric meter and then t...

Hey All, I am a CPA who works directly with Property Managers. I have worked full time as an accountant for a property manager for the last six months. I am looking for information for contracts between owners and pro...

Hi,I'm looking to buy a property  two blocks from a college and rent rooms to students. Does anybody have suggestions on how to structure leases and how to charge rent and utilities. Any suggestions would be appreciat...

Hi,
It seems this is hotly debated on the internet.
If I have a single family home and rent rooms out, are proportions of common areas allowable in calculation of depreciation and expenses?
For example,
Let's say ...