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 ...

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 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...

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,
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 ...

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...

Hello, just developing a plan and I want to know who pays the Utilities in NYC. Landlord or Tenant?