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
House Hacking
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 about 1 month ago on . Most recent reply

User Stats

2
Posts
0
Votes
Ben Dirr
0
Votes |
2
Posts

House Hacking - Potential Way to Depreciate and/or Use Bonus?

Ben Dirr
Posted

Hello - 

I purchase a 4 family earlier this year. It is technically two separate addresses side by side that are connected. So basically two connected duplexes as the government sees it. Separate tax bills, deeds, water, etc.  It all fell under one purchase agreement. I live in one of the units and rent out the other 3. 


My idea - can I basically get a cost seg study done on the other side of the building that I am not living in and use bonus depreciation (assuming it goes back to 100% this year) to accelerate tax write offs. With the different address, utilities, property taxes, etc. I feel like I have an argument. 


Has anyone ever tried this before or have any feedback? 


Appreciate it! 
 

Loading replies...