If you got a huge job where you had to hire specialist to do electrical work you would and just contract it all out.  

Utility Bill: Electricity, Gas, Water, Waste, or Tax Receipts.

If I buy a property in November and use the last 2 months as one "year" of flow in the formula, it seems like it would significantly skew the numbers.As for capex, are you referring to things like water heater, major repairs (redoing some electrical work), roof, etc? 

I recently looked at a duplex and found the entire building is run off one meter that the owner pays so the other two tenants only pay their electric.

I've been doing construction for the past couple of years mostly commercial electrical.

Anyways, we found one for sale in our small town, and the general details are below:Asking price: $275,000Expected first year improvements: $7000Year built: 1985Unit detail: 4 apartments, 790sf each, 2 bed/1 bath, individual heat pump and exterior storage closet (unfinished), electric stove and refrigerator included, washer/dryer room w/ hookupsTotal finished area: 3140sf on .22 acres w/ paved parking lot and sidewalks, 2-story buildingRentEach unit is currently rented with tenants ranging from 20 years of tenancy to 3 years. 

I'm an electrical contractor out of Hampton, va. 

She said she's closing the case with cause of fire undetermined, but most likely electrical.  

Other things to include in that hand out might be information on how to turn off water and gas electricity to the house in case there is an emergency.

What is the process, or form, for doing this with my taxes.Here's my issue, I own my own electrical business and some of the money I used on my flip was allocated for my 4th quarter taxes.