Payments that you make normally fall into one of 3 buckets100% of the payment can be factored in somewhere on the returnPartial payment can be factored somewhere on the return0% of the payment can be factored in somewhere on the returnHouse-hacking also has considerable tax implications in the event that you want to sell this property.You can potentially defer a portion or all of the gain on the investment property with 1031 exclusion.You can potentially exclude a portion or all of the gain on the personal residence with section 121 exclusion

I wanted to gauge who would be interested in a virtual lunch/ networking event at Friday's at Noon to talk about the Connecticut market.

Hi Susan, Local meetups, networking events and industry conferences can also be a helpful resource.

Hey Jason,We do not require tenants to carry insurance but we reiterate several times in the lease and other material that their belongings are not covered in the event of an accident. 

In the lease list contact options and give them an emergency contact to be used outside of regular hours in the event of an emergency (eg burst pipe).

It also makes certain capital expenditures, such as roof repairs, can be "lumpy" in that they can be large in one year and non-existent in the next (although they're guaranteed to occur if you own property long enough).  

I agree with you're thought process, in the event that a solid deal presents itself, your best route is to use a HML if you're looking to act fast.

Hello BP CommunityI have a situation occurring with my contractor and I wanted to get advice on how to navigate the situation.I recently purchased a SFH back in early October that needed a cosmetic update and I was referred to a handyman by my realtor for the renovation.

Can you explain when investment income tax would occur?

Rates moving around is "normal course of events" type stuff.