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Updated about 5 years ago on . Most recent reply
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House hacking information
Hi everyone. My name is Brenda and I live In Minnesota and I want to start house hacking my house. I just have a few questions about the legal side of the whole deal. Do I need to have someone come out and inspect it? When it comes to tax season -how do you go about informing the extra income? I'm really excited to get started on my road to financial freedom.
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@Brenda Guzman House hacking is such a great way to get started! Like @Tim Swierczek mentioned, check with your local city regulations in regards to rentals. The city website will likely have all the info you need but you can also call them directly and ask. Cozy.Co or local company ZenLord Pro are free, easy to use services that help you screen tenants, collect rent and report extra income at the end of the year. Best of luck!
- Alyssa Strom