Updated over 4 years ago on . Most recent reply
Looking for accountant in MA - househacking
Hi, would like to get a few referrals for accountant to help with taxes with extensive knowledge on what can be deducted or depreciated when househacking.
We bought our first duplex this past May and have been living in one unit with roommates and renting the other one out to tenants we inherited from the sale.
We have done a few repairs and bought a bunch of furniture and tools. Furniture is shared between us (homeowner) and roommates. Since it is a bit complicated with househacking, i am not completely sure what can be deducted and what can be depreciated. So far, I think we will be over the standard deduction.