All Forum Posts by: Dustin Gale

@Daniel Kokodoko the $1875 is just for the upstairs unit. We are living in the mother in law apartment in the basement.

@Russell McCluskey I am in the same situation. I live in the mother in law apartment and rent out the upstairs.

@Daniel Kokodoko it is a 5 bed 2 and 3/4 bath. We can charge close to $1,875 in rent. It is close to the grocery store, the base of Brighton canyon, and the I-215 entrance. There are also really good schools close to the house. It is about a 15 minute drive to the University of Utah from our house.

My wife and I just purchased a single family house here in Cottonwood Heights. We are renting out the top and living in the mother in law apartment in the basement. We will get around a 5% cap rate. 

I purchased a single family house in Salt Lake City with a mother-in-law apartment in the basement. I am planning on living in the basement and renting out the upstairs. Am I able to legally Airbnb the mother-in-law apartment in the basement? I would technically still be living there to claim it as my legal residence.