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
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Daniel Madhavapallil

Daniel Madhavapallil has started 1 posts and replied 1 times.

Post: House Hacking and Tax Strategies

Daniel Madhavapallil
Posted
  • Posts 1
  • Votes 5

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!