: You can typically deduct the mortgage interest and property taxes for your half, while the expenses for the tenant’s side (repairs, utilities, and depreciation) are often tax-deductible as business expenses. The Reality Check: Being a Landlord Next Door
The primary draw of a duplex is the ability to . buying a duplex and renting half
Buying a duplex to live in/rent out half? : r/personalfinance : You can typically deduct the mortgage interest
: Because you intend to live in the property, you can qualify for owner-occupied loans like FHA (3.5% down) or VA loans (0% down), which have much lower down payment requirements than traditional investment loans (typically 20-25%). : r/personalfinance : Because you intend to live
: While your tenant helps pay down the principal, you are building 100% of the equity in the property.
: Many owners find that rental income covers 50% to 80% of their monthly mortgage payment, making homeownership significantly more affordable.