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House Hackers! 6 Tax Saving Strategies You NEED

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As house hackers, already know that house hacking is the smartest way to buy a home and you’ve probably heard that there are tax benefits to house hacking, as well.

In this video, we’re digging into the six big tax saving strategies available to house hackers. They can result in tax-free rental income and even a tax-free sale of the property when you’re ready to exit.

Whether you’re currently house hacking or still doing your research, this is wealth-building knowledge you don’t want to skip!

Please note that I am not a CPA and this is not tax advice. You should definitely consult with a CPA before pursing any of the strategies discussed in this video.

0:00 - Tax-saving strategies for house hackers
0:52 - The key tax principle to understand
1:25 - #1: Write off all house hack-related expenses
2:53 - #2: Take property taxes as a business deduction
4:17 - #3: Take mortgage interest payments as a business deduction
5:43 - #4: Take depreciation on your house hack
7:16 - #5: Do a cost segregation analysis on your house hack
9:17 - #6: Pay zero taxes when you sell your house hack

Want to see how much you'll save by house hacking? Check out the numbers for yourself:

My FREE house hacking calculator👇
https://duplexcalculator.com/

Need help finding a house hacking agent?👇
https://www.duplexcalculator.com/agents

Jon Schwartz (CA DRE 02123925) operates House Hack Los Angeles, a real estate team brokered by Fathom Realty Group, Inc. (CA DRE 01901202).

#jonschwartz #househacking #taxsavings

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