., couch, appliances) depreciates over 5-7 years—bonus depreciation (40% in 2025) helps here.

Why not take out a loan from the equity to pay off that debt?

There is also a 45L credit bonus rate that may be obtained through the “prevailing wage” requirements.

Here is a newly created resource on BiggerPockets, which touches out cost segregation, accelerated depreciation, bonus depreciation, depreciation recapture, Real Estate Professional Status (REPS), STR Loophole / STR Strategy, example properties, and more.Cost Segregation 101 Author: Sean GrahamHappy to answer questions :)

That said, even with conservative rental income estimates, my living expenses would eventually drop to several hundred dollars less than what I’m currently paying in rent once the house hack starts generating income.I do have cash reserves to weather some rough patches, but the idea of pushing my budget this hard makes me uneasy.

@Corey Pinch if you're a go-getter, make sure you find a company, or negotiate, that you're directly rewarded for your hustle - commissions, bonuses, etc.

Look into "Bonus Depreciation" and take advantage of it when you become a real estate agent.

Bonus: have you thought about your 10 year goals/plan?

It's all speculation at this point, but we are very hopeful to have 100% bonus depreciation or some form of it reinstated.

If you have a “bad” tenant get rid of them as soon as possible, including paying them to leave.