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
General Landlording & Rental Properties
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

Updated almost 7 years ago on .

User Stats

4
Posts
0
Votes
Su Deng
  • Hewlett, NY
0
Votes |
4
Posts

2 newbie questions for landlords and CPAs

Su Deng
  • Hewlett, NY
Posted

hey forum, thank you for reading and helping me out, here are my 2 questions.

1. If i am doing a house hack, by living in one room in a house and rent out the other rooms to tenants, can i still deduct deappreciation and repair cost from the house when i do my taxes?

2. When i have a rental property, after i deduct the deappreciation, repair costs, mortgage interest and such all of the income from the property it self is deducted fully, does any extra amount of deduction roll over to deduct any of my W2 income?

thanks