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Updated almost 9 years ago on . Most recent reply

User Stats

431
Posts
324
Votes
Matthew Porcaro
  • Rental Property Investor
  • Long Island, NY
324
Votes |
431
Posts

House Hacking - Am I able to write off part of my duplex?

Matthew Porcaro
  • Rental Property Investor
  • Long Island, NY
Posted

Hi Everyone, I'm close to putting an offer on a duplex that I am looking to 'house hack'. Now, I will need to be living in it for a while, so it will be my primary residence, but the second floor will be rented out to another family. From a tax perspective, am I able to write off the expenses and depreciation of that unit while I'm living there? Are there any tax benefits for house hacking a duplex?

Thanks!

  • Matthew Porcaro
business profile image
The 203k Way

Most Popular Reply

User Stats

431
Posts
324
Votes
Matthew Porcaro
  • Rental Property Investor
  • Long Island, NY
324
Votes |
431
Posts
Matthew Porcaro
  • Rental Property Investor
  • Long Island, NY
Replied

Thanks for the short answer @Edward B. ! That's all I needed to know. I have an accountant and will let her take care of it, I just wanted to know if it was even possible before asking. 

  • Matthew Porcaro
business profile image
The 203k Way

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