Rentals and Utilities

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  #1  
Old 11-09-2007, 06:53 PM
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Peazoup Peazoup is offline
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Default Rentals and Utilities

Question from a Villagers wannabe. If you buy a home and rent it out for say three months to one tenant, who pays for the utilities? Owner or tenant? :dontknow:
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Old 11-09-2007, 08:24 PM
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Default Re: Rentals and Utilities

If I were renting short-term, I'd expect the homeowner to pay the utilities. For six months or more, I think the tenant should pay gas and electricity.

Since the amenities cover water and garbage, I'd expect these to be paid by landlord for a long-term rental, but any amount over the basic amenity fee should be covered by the tenant. As a tenant, I would assume the amenities would be covered in the basic rent. I can't imagine the rent not covering the mortgage, insurance, taxes and amenity payments no matter what.
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