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Updated about 1 year ago, 09/10/2023

User Stats

411
Posts
394
Votes
Ben Einspahr
Pro Member
  • House Hacking Specialist
  • Denver, CO
394
Votes |
411
Posts

Is a house hack a liability or asset?

Ben Einspahr
Pro Member
  • House Hacking Specialist
  • Denver, CO
Posted

It is a common argument whether buying a home is considered an asset or liability. IMO that home is a liability b/c it takes money out of your pocket, not back in. Even though, yes it is appreciating.

Now, my question to the BP community...

If I buy a house hack and it decreases my living expenses to $500/month, would you consider that house hack a liability or asset?

Excited to hear everyones thoughts!

  • Ben Einspahr
  • Loading replies...