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63
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4
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Lou Ruggieri
  • Real Estate Investor
  • New Brunswick, NJ
4
Votes |
63
Posts

Good or Bad Idea: House Hacking in a Commercial Property

Lou Ruggieri
  • Real Estate Investor
  • New Brunswick, NJ
Posted
I'm currently in a two family house and thanks to BP have realized that moving into a bigger unit mix will help me house hack and actually make money in the process as opposed to just getting a discounted mortgage. So my question is has anyone hacked into a commercial sized property (meaning 5+)? Ive found a few three and four family places, but I keep asking myself if maybe owner occupying something like a 6/7/8 plex would be even better? Obviously there is more work with the bigger property but there is also a lot more reward. I'm just more concerned about potential tax issues with an owner occupied commercial property. Has anyone had any experience with this?

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