All Forum Posts by: Dillon Black

Hello everyone, I have a situation I am looking for some insight/advice on.

I own a rental property here in Indiana near where I live, the tenant stopped paying, my management company filed for eviction and eventually got them out, I lost out on several months rent, legal fees and some damages. Several months later, we successfully get a judgement on the previous tenant for $5,000. It appears the attorney sent it to collections; however, I am not familiar with this process, anyway, that was in September and I have not received a single payment from them.

Using the judgement can I get my ex-tenant’s employer to garnish their wages to pay me back?

If so, how?

What have you guys done in this situation?

Thanks in advance!

@Jaysen Medhurst

No sorry I meant I would only be living In one side, I found out that I can’t depreciate my side of the duplex.

@Greg Scott

Thanks Greg that definitely helps!

@Natalie Kolodij

Awesome that helps a lot! So basically if I am putting 20% down the duplex anyway, it would be smarter tax wise to just rent both out and depreciate both sides.

Do you know if there are any Insurance benefits to living in the duplex yourself?

Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. 

What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both units out? 

Will I be able to deduct more depreciation, insurance, and interest one way or another? 

Thanks so much for taking the time to look, any answers would be much appreciated!

Hello everybody, so I spent some time trying to figure this out, but I'm hopelessly lost. 

What are the tax benefits or disadvantages of house hacking and living in one unit of a duplex, as opposed to renting both units out? 

Will I be able to deduct more depreciation, insurance, and interest one way or another? 

Thanks so much for taking the time to look, any answers would be much appreciated!