I am trying to follow 1% rule & it makes sense.How much should i allocate for further maintenance & capex for townhouse?

On my 4 unit, I have to allocate $245/m towards property taxes.

LLC interest if thats what your doing can have uneven distributions.. thats why we use themso you can own 81% of the LLC and spread the ownership to the others as you see fit.in your operating agreement you spell out how proceeds profits and loss are to be allocated. 

The $600 version of their full software is basically going to give you historical averages allocated across the purchase price that you can use to reclassify.

Hi all,First of all - big thank you to the BP community. The knowledge I've gained so far just by lurking has been invaluable. Apologies for the lengthy post below, but wanted to include as many pertinent details as p...

The bill will be high and your bookkeeper might also be running on over-time because real estate is about allocation.

The loan repayment will be about $960401k repayment will be about $400I plan on hiring property managers as well, and they are about 10% of rent plus some other fees.Plus all the allocations for repair and such I need to account for...

For example, I have one property that will report a taxable loss this year (2018) which it's my understanding that I will need to allocate that loss against all my other properties which report substantial income. 

As such, you need to allocate payments property between personal expenses and business expenses depending on if they were directly or indirectly related to the rental unit.It will be difficult for anyone to estimate what your tax filing fee will be as no one knows your complete tax profile based on the information provided.

The agreement would have dictated how you guys allocate the rental items, If you dont have a partnership agreement, you can just co-own the property, but with your situation, I feel like the partnership is created as just one of the partner is on the loan which created a basis for you but not for other partners.