house hack question- what do I charge myself?

[Account Closed]

I have been running some numbers on potential househacks of a duplex or triplex... how do I account for my share of the rent for the unit I will live in when determining the profitability and cash flow of the house hack. I presume I just charge myself market rate?

[Bryan Mitchell]

@Todd Rasmussen, that’s the first time I’ve heard it Described as “negative cash flow becomes your living expense”. That’s a great way of summing it up in a short sentence that people like us, RE investors, can understand.