Taxes - @Henry Clark has a good handle on this and some good thoughts on depreciation and pricing allocation at sale.8.

@Mary McGinty  they have  the money already allocated and the traffic is down making it an ideal time to expand. 

Hi - wanted to ask this community if anyone knows how should elevator repair cost be allocated within a HOA?

If you are not cash flowing at least a few hundred a month per unit, you may have not properly allocated for the associated risks.It is likely a bad time to be a renter on fixed income. 

For the turn key property, the allocation/seg is not done for you.  

None of them were replaced in the time since.I can allocate some % of rent as capex, but it would make sense only if the upcoming repairs/upgrades are atleast a couple of years out if not more.

For example, I believe my maintenance/cap ex allocation is accurate but most people would find them to be very conservative (I suspect they have not spent the effort calculating the estimate that I have).Related to expenses, the 50% rule really is not a rule but a guidance. 

To properly assess the proper path for one’s portfolio one must do so with a backdrop of accounting for the individuals’ skill in selecting sponsors, accounting for margin of safety in financial modeling, and an understanding of how much “risk capital” the induvial is allocating to the selected opportunity.

Or inversely if there are individuals looking to start a small group willing and able to allocate an hour each week to mastermind and collaborate.A little about me: I am in my mid-20’s, I work in CRE Finance helping place debt and equity onto multifamily, seniors apartments, and student/off-campus housing assets.

The $3k/month is a nice to have, but having to allocate 40hrs/wk takes away a lot of my time to contribute to my RE business.