House hacking tax question

[Sean Rhodes]

Hello everybody!! I love this forum. It has helped me change my quality of life dramatically. So now it's tax time and I have just started doing a house hack. And I am wondering about my tax situation. When I am claiming my income from my house hack (rental property) am I supposed to be claiming everything I make or just my NOI? It gets really complicated when trying to split my primary residence and my rental property. Any help/advice/good tax person in Portland , OR would be great!!! Thanks bp!!

[Joshua Thompson]

The way it usually works with a regular rental (Single Family Residence) is you'll input your gross rental income then input your expenses to offset that income. However, since you're house hacking I think that's where things get a little tricky and at which point I would recommend reaching out to a CPA or EA that has dealt with this before. You may get broad advice on the forums because what is right for you won't be right for the next guy. The forums will help with gathering knowledge to speak somewhat intelligently when looking for that CPA or EA.

Try to find one quick man April 15th is coming and most tax preparers are probably in crunch time.