The same thing you claim on your tax return for your properties.

I am starting my first househacking deal this year and I will Segway that into my second deal by end of 2025.
I would love to hear all you experts and pros with experience to tell your story. If you are in the Seattle...

Most places in Ohio can be profitable rentals... if you can stomach those property taxes!

Who covers the tax bill when they don't pay the tax bill or the insurance? 

To save my fingers from typing the same thing over and over, I wrote a blog on BP with my tips and tricks.

If you think ahead, you can minimize recapture with the right tax planning.So what is recapture?

Any tips, warnings, or real-life lessons are welcome! 

Things in your tax filing need to be really off to do this.Being a REP/active participant and using cost seg to offset a spouses (or your own if that's all you do) W-2 wages is fairly common practice.

Note that I live in the Netherlands, which has many tax laws.thank you 

If you were able to increase the value of the property significantly after the rehab, then you could bring the deal to a community bank  to refinance and take the hard money lender out.You keep all the equity and don’t have to file a partnership return for your annual tax return, which can be costly.