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Updated over 4 years ago on . Most recent reply

User Stats

204
Posts
174
Votes
Josh Dillingham
  • Rental Property Investor
  • Brattleboro, VT
174
Votes |
204
Posts

Allocating expenses for house hack

Josh Dillingham
  • Rental Property Investor
  • Brattleboro, VT
Posted

I have a three unit building in which I occupy a three bedroom unit and rent out a 2 bedroom unit and a 1 bedroom unit. I am planning on allocating the expenses as 50% rental vs. 50% personal based on square footage. Is this what is required or could I allocate 33.3% as personal and 66.6% as rental because 2 of the three units are rented, even though my unit is bigger than the other two?

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