Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 7 hours ago,

User Stats

1
Posts
0
Votes
Daniel Madhavapallil
Pro Member
0
Votes |
1
Posts

House Hacking and Tax Strategies

Daniel Madhavapallil
Pro Member
Posted

Hi! 
My family and I are about to move in to a house hack! It is a 4-Unit property where we are living in one unit and renting out the other three. We were able to get into it with a 5% down primary residence loan. I've heard we can write off or deduct 3/4 of the mortgage interest, house insurance, and repairs. We obviously bought the 4-unit property under our names and not an LLC in order to qualify for the loan. My question is how do we make sure we can take full advantage of the tax strategies to keep more money in our pockets from our current W2 incomes? Thank you!

  • Daniel Madhavapallil