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Updated over 4 years ago,

User Stats

138
Posts
87
Votes
Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
87
Votes |
138
Posts

Househacking accounting help

Adam Widder
  • Real Estate Agent
  • Minneapolis, MN
Posted

Hi all, we house hack a triplex currently. So we've had expenses for repairs, maintenance and improvements. As I do my accounting for these expenses to keep track of them, how do you divide the receipts? Currently I seperate by house expenses, my unit expenses, and other unit expenses.
Is there any reason to track what I spend on my unit for tax purposes?

Should I save receipts? If so, how long?

Thank you!

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