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Updated about 5 years ago,
Duplex house hacking tax strategies
I've got a duplex under contract that will close on the 31st that I'm planning on house hacking - what should I do to prepare from a tax perspective?
Any experience or guidance out there on what I can do to maximize the tax benefits and minimize my tax liability would be greatly appreciated!
Also, in case this has any bearing on what I should do: the orher side of the duplex is currently in a lease with under market rents until September. After the lease is up I plan on trying it out on Airbnb.