Updated 4 months ago on . Most recent reply
House hack deal question
Im looking to purchase a house that has a downstairs already furnished. The deal is about 340K and im looking to put 20% down -- Will rent out the bottom unit for long term lease around 1500 and then padsplit upstairs 1 room for 800 a month and I stay in the other room. What should I be considering here? Is this a good deal overall
Most Popular Reply
Aaron Zimmerman
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Chicago, IL
- 998
- Votes |
- 1,990
- Posts
Aaron Zimmerman
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- Accountant
- Chicago, IL
With any house hack property, you want to make sure it saves you money when you live there AND it can cash flow upon you leaving. If it checks both those boxes, then go for it
- Aaron Zimmerman
- [email protected]
Brick House CPAs
3 Reviews
5.0 stars