Last thing, I would strongly consider consulting with a knowledgeable property manager or attorney once you have a copy of the current lease and all of the facts.

As I approach the end of my current lease, I'm eager to embark on a journey of house hacking with multifamily properties.

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

And how are you currently finding deals?

We would need to know your current operating expenses (and rent) to be able to provide any suggestions.

Is there something in the way of doing this currently?  

Essentially I am looking for a clean way to organize everything as right now its very messy with how my current accountant is working things as he doesn't specialize in real estate.

I am currently a junior business marketing major with a concentration in professional sales at Samford University.

According to several websites, and an AI summary, $100 per month is average for a 900ft apartment this time of year.Switching to electric would make the tenants responsible for the bill, but you would eat the cost of installation and it may drive your rents down because electricity costs are probably much higher than the gas you currently pay.I recommend you do more research before switching anything up.

Since then I have located the area where they entered and sealed it off, however I'm having trouble killing the ones currently living in the attic.