I'm not a tax guy and my circumstances were different, several companies consolidate where one was not showing a profit, so the allocations of expenses were more flexible.

I don't think many of those would apply since my sister and I are co-executors, we'd title the house to myself and allocate other parts of the inheritance accordingly.

The poor guy bought homes that had been previously rented and when the tenants vacated, there went his allocation.

This was my first time to allocate much towards landscaping, and it really paid off.

If it’s a church, you will need to get a little creative because often times places of worship have different laws that prohibit funds being allocated for assets outside of the organization.

So side question....This statement here make it sound like you dont have to complete construction you just have to spend the money that is allocated through the 1031?

We are living with family until we figure out the best allocation of our money.

Essentially when your property isn't sub-metered for water and the cost to do so is prohibitive, RUBS allocates the water usage based on the actual water bill to each tenant. 

I take the rents minus expenses and allocate for vacancy, maintenance and capex.

On a yearly basis you want to plan for, allocate resources, should there be a disruption of this sort.