Sharad M.
What does two meters and one boiler mean?
Hello all,
So I am looking to buy this duplex and I noticed that it has two separate gas meters, but only one boiler. I called the gas company to find out about what all I need to do to separate the utilities and thi...
Grant H.
First time doing rental property taxes. Need advice
I purchased my first duplex, out of state, over the summer and am now preparing to do my rental property taxes for the first time and have a few questions on deductions.Is the home inspection deductible?I initially ha...
Rob Brown
Duplex Analysis
Hello everyone. There is a duplex that I would like to purchase however the owner will not go down on the price and insist its a money maker at the asking price of $115k. All utilities are not separate and I would hav...
Albert Johnson
Shared electricity on two units
On one of my units the property has shared electric with another unit I own. One of the units has a submeter and the other doesn't.
The tenant that receives the electric bill is the tenant that does not have a subme...
Jason Malabute
Typical expenses of a 2-4 unit property in Winter Garden Florida
What are the typical expenses associated to a 2-4 unit property in Winter Garden? How much is typical monthly landscaping, insurance,HOA fees (if any), etc?Do tenants usually pay for their own utilities there in Winte...
Matt Wignall
Mid-Term Rental 3-Month Lease Superior, WI/Duluth, MN
I have a fully furnished home in Superior, WI. 4bd/2ba 2200 sq ftShould I include…..Utilities? All of them/Some of themBedding? Do I need to supply sheets, Blankets and Pillows?How do I structure the utilities in t...
Meredith Carter
Utilities on duplex, add a meter?
Does anyone have experience with a multi family property only have one meter for power? Doing my due diligence on a pair of duplexes around the Birmingham, AL area that each have their own meter. The current owner jus...
Lena Kendall
Considering adding solar panels to combined use SFH in CA
Hello everyone, I'm new here and am looking for some advice.I own a SFH in Northern California and rent out two rooms while living in the master. I am interested in getting solar panels for the home and am wondering h...
Gulliver R.
How to valuate a mobile home park
How do I price out a mobile home park? I know that NOI/Cap rate= property price, but I don't know what cap rate to use. Do I use a 10 cap, do I use an 8 cap, do I use a 13 cap? I appreciate the help! Thank you.
Hjiorst Fjioords
1099-MISC Rental Income and Box 3 "Other Income"?
This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...