To Hack, Or Not To Hack, That Is The Question.....

[Bob Razler]

" Whether 'tis nobler in the mind to suffer

The slings and arrows of outrageous cheap living,

Or to take cashflow against a Sea of debt,

And by opposing pay it off"

Hello:

So, what seems like a simple proposition/rule (Razler's First Theorem of Hacking):

If you buy a multiunit "plex" where the apartments rent for more than your current rent, it is better to rent them all out than to house hack and live in one?  (assume all your misc expenses remain the same - cable, elec, water, swedish fish).

Also, if you live there, I believe you lose a portion of the depreciation from the building as well as the ability to expense a portion of any CapEx that spans the entire home (roof, slab, etc.) due to a % of the building being your home.

Correct?

Bob