Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
House Hacking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

32
Posts
13
Votes
My Nguyen
13
Votes |
32
Posts

Depreciation On House Hack Primary Residence

My Nguyen
Posted

Hello fellow investors,

I'm currently house hacking, renting out my basement (around 740 sqft). Can I claim depreciation on this property since it is my primary residence? I bought this house in August 2022, only live here for 6 months.

Thank you in advance for your input!

Most Popular Reply

User Stats

243
Posts
246
Votes
Eric Yu
  • Real Estate Agent
  • Seattle, WA
246
Votes |
243
Posts
Eric Yu
  • Real Estate Agent
  • Seattle, WA
Replied

+1 all great advice here. I did the same thing. I had a guest unit & the main house, so I did a square ft split for expenses. The guest unit was 252 square feet. Main house 1676, so I deducted 1676/1928 of expenses as business expense. 

Talk to a CPA! They'll know best. 

Loading replies...