Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
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 6 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