Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

presented by

User Stats

1
Posts
1
Votes
Madison Giese
1
Votes |
1
Posts

Deduction/Depreciation on owner occupied

Madison Giese
Posted

I’m preparing my end of the year taxes and wanted some advice. Can I not deduct or depreciate maintenance or remodel/upgrade costs to the unit I am living in. I am nearing the end of year one as I purchased December 30th 2020. It’s a triplex and the unit I’m in is roughly 25% of the total livable space. If I can’t deduct or depreciate expenses for my unit can I start depreciating next year when I move on to the next house hack and would i prorate that depreciation? Thanx in advance

Loading replies...