I think it really depends on the formulation of the business plan I develop and how I best allocate my time.

In that sense though, I tend to allocate that idea to simply preference.

I use and allocate 3% of gross income to professional services, outside accounting and legal services.

An infant may be in the adult's room. 2 girls or boys may share a room, there are sq ft requirements allocated to each person sharing a room.

Although I'm in marketing professionally, I've never launched a direct mail campaign and want to make sure the dollars I invest are allocated for a strategy with a good return.

@Brandon CrumptonI'd just do as @Sharad M. mentioned and use the 50% rule which is to take 50% of the gross potential income and allocate that to operating expenses, vacancy and capital expenses.

I have a clause in my lease that says all money received is used to first pay outstanding items like fees and utilities and then money is allocated to rent.

If so, how will the money borrowed from hard money lender be allocated from the bank to lender.

You have must allocate a number for it. 2.

Also, if you look at the instructions for Schedule A, Line 14, it states that investment interest does not include any interest allocable to passive activities.