Kennesaw House Hack!

[Josh Bowser]

Investment Info:

Townhouse buy & hold investment.

Purchase price: $299,960
Cash invested: $45,500

House hack in a 3/3.5 Townhome

Househack numbers for FY 2022:
Collected a total of $13,700 in rent ($1,141 / month average)
PITI + HOA = $1797 / month
Utilities = ~$500 / month avg
Deductions for interest, taxes, and repairs = (~$31,000)
Tax obligation = $13,700 - $31,000 = (-$17,000) which was taken against ordinary income on top of standard deduction!!