House Hacking Tax write-offs

[Brian Koons]

I am currently house hacking a 4 unit property. The unit I live in has 2 additional rooms that are both rented out. I currently am not using any space as a home office, and it would be somewhat difficult to designate a significant space to a home office. Am I able to deduct any of the following as tax deductions for my unit:

wifi

gas/electric

ADT security services/equipment

supplies (i.e. toilet paper, furniture, etc)

Thanks for the help!

[Basit Siddiqi]

@Brian Koons

House hacking makes your tax situation more complex.
You purchased a property that is treated as both an investment property and a personal residence. As such, payments that you make need to be prorated between business deductions and personal deductions.

Payments that you make normally fall into one of 3 buckets
100% of the payment can be factored in somewhere on the return
Partial payment can be factored somewhere on the return
0% of the payment can be factored in somewhere on the return

House-hacking also has considerable tax implications in the event that you want to sell this property.

You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.
You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion