According to my CPA, in order to allocate the property he said he will need to know the cost of building 2nd house, my residence.I don't have all my paperwork or receipts for the cost of the build.  

There should be some written agreement between my parents and my company on terms to release funds to us and how those funds should be allocated. 

If it was that project within the entity, then it will be allocated to the other property even though the loan was on that property.

That 3.5% - taking into account all of the income and all the expenses that are most likely to happen - that's what we call the Internal Rate of Return (IRR).Real estate isn't that different, with one BIG exception: the bond market is very efficient at allocating capital ... real estate is not.  

What is that 83k ( and really i think market would be more like a 15 cap, but just to get you thinking) You can maybe allocate something to the homes but that income will eventually run out when those pay off, plus if someone skips and you need to spend 5k to get an 80s home ready, not a lot of profit in that.  

Reason this seems important is that it would help determine strategy of a larger vs. smaller downpayment to increase cash flow or increase leverage. 2nd Question) I've read about "special allocation" of taxes that allows for the tax gains/losses to be distributed in a manner that is not equal to the ownership stake.

For those who are planning out their marketing attack for 2016 right now, how much of your net worth do you allocate for marketing for any given year, month, quarter, whatever.  

The capital gain will be allocated/prorated between the number of years that the property was rented out vs. the number of years that the property was their primary residence. 

He talks about how important it is for entrepreneurs to have the feedback from profit and loss to effectively and efficiently allocate their efforts and resources. 

First, intent, secondly to equity established as well as other tests to recognize a sale and allocations of assets.Be very careful listening to some yahoo at some investor meeting, there are attorneys who have not caught up with these new rules.