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Updated about 1 year ago, 09/10/2023
Is a house hack a liability or asset?
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!