House Hacking Question

[Peter Keddis]

Hello everyone. Quick piece of advice. I have a home that is already paid of. I would like to purchase another house as a conventional loan and "house hack it" to get better interest on the home and eliminate taxes on capital gains. As far as I understand I have to live there so that means I have to have a room for me and change my address to the other property. But I was wondering if having another house under my name would cause any legal issues? can someone give my any piece of advice. Much appreciated !!