I believe that too many inflationary pressures remain for the Fed to confidently declare victory in 2024, and there is a ton of risk that these pop up in 2024, derailing investor hopes that they will start dropping rates.

Medical bills can add up fast and declaring bankruptcy to clear them once is understandable. 

At this point, depending on how thorough you were with inspections and planning with regard to the occupied unit, perhaps have Code Enforcement visit and declare it uninhabitable.

I hear he is also facing eviction and along with his live in partner Natalie Bastin and Whalen declared bankruptcy. 

I'm obviously new to this and very early in the process, so I could very well be missing something obvious here and/or not have the creative muscles yet to think through another form of house hacking.

Aloha,@Katie Miller, first of all, you should have a copy of your By-laws, Declaration, and House Rules.

Or, if/when we sell, is there some statement or declaration we can make to the IRS and state treasury that we didn't depreciate?

I found this on lonestarlandlaw.com: "If challenged by the tenant/buyer, a judge may examine the totality of the circumstances, including the intent of the parties, and declare that the arrangement is a de facto executory contract.

Has anyone had a tenant declare chapter 7 bankruptcy before?

Whether you own or are renting a home in Seattle, you can purchase a home in Chicago and declare it as your primary residence, while the home in Seattle becomes an investment asset.