Tax implications for Water Bill

[Account Closed]

My property manager charges the tenants money that goes towards the water bill. This money is disbursed to me each month with the income from the property. How do I account for this extra money? Is it considered income? Most or all of it will end up going to pay the water bill that is in my name. 

[John Underwood]

It will be treated as income but you deduct the water bill against it so it should come close to zeroing out.