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House Hacking

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Kelly Jennings
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Make house hack a multifamily or just a basement apartment

Kelly Jennings
Posted Jul 7 2022, 13:41

I have purchased a house with a semi done basement apartment. Around 700 sqft.  I estimate it will take around $50-60K to make it a 700sqft separate driveway and entrance apartment.  Should I make it have separate electric and water and reclassify it as a multifamily?  Or, just leave it as a investment signal family?  The house is in Little Rock, AR

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