I'm renewing the leases for a duplex that has 2 units: upstairs (3 bedroom, 3 people) and basement (2 bedroom, 2 people + 3 pets). There is one meter for both units. The strategy I have been using as recommended by my...

Hi,I own a property with 2 cottages on the same electric meter that I pay the bill on. When i renewer the leases I changed it so they would be responsible for their own electric bill (they have been abusing it with sp...

I was wondering if anyone had a better insight on this issue. We have a deal with the owners that anything over $200 per month on utilities the tenants pay. So if there's 3 tenants in the unit and the utility bill is ...

I plan on renting out the rooms in my property. Is it best to include the utilities in the rent or split them between the tenants? 

Hey BP.
I am currently looking to move from NY to Louisville. I read on the landlord-tenant laws that the landlord is in charge of paying the utilities. That is around 350 a month. From my understanding, some tenants...

Greetings BiggerPockets community, I finally purchased my first property and I'm seeking guidance on my complicated situation. The issue is that I bought a home from a distressed seller whose son refuses to vacate pro...

Hi guys,

Had a few questions regarding recapture tax and was hoping someone could help.

1) Recapture tax is a federal rule/law and not at the state level correct?

2) Will you owe recapture tax whe...

Would you rent a unit to a truck driver with 3x rent income but has a collection and missed some payment for his student loan and is going through a divorce?

I am brand new to real estate investing and am looking to learn as much as possible. I'm 42, and I'd like to be in the financial situation in the next five years to relocate, which probably would mean a lower salary. ...

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