Investors & landlords

Oh. He actually does pay all maintenance fees directly to management companies. I think it doesn't matter, because I own the place and in case nobody would live there, I would still pay these maintenance fees. 

 

But let me be 100% clear, he pays:

1. Apartment maintenance fee (equivalent to HOA fees)

2. Garage fee

3. Utilities (electricity, internet)

 

Apartment and garage fees, must paid, no matter if someone lives there or not. So I treat them as my income, because the fact that someone lives there and pay them, saves me from paying these fees myself. 

I don't treat Utilities as income though, because I would pay $0 if I wouldn't live there. You pay only for what you've used.

 

Is my interpretation correct?