Stacking with House Hacking

[Gina Huerta]

Hello. We just got out first duplex. We are house hacking it. With current tenant renting, we pay a little less than half the mortgage with them paying the rest. Our plan was to build our property numbers by house hacking a year before moving on to the next multi and house hacking that, etc. My question is if anyone has done this, how long did it take you? Did you live in it the 1 year or 2 for the capital gains issue? And has anyone done this to buy, hold for a little while and then sell for equity? Does anyone do this just for the equity you can get and keep cash in your accounts or do you just buy and hold? I'm not looking to become a real estate titan. Lol. I just want to be set in retirement. Any advice is welcome. Thanks!