("ICP"), alleged that the defendants, the Texas Department of Housing and Community Affairs ("Department"), violated the FHA by allocating a disproportionate number of federal low-income housing tax credits in predominately black inner-city areas, rather than in predominately white suburban neighborhoods.

( question arises from ask Bens book 13 steps to valuing your first multiplex) I wouldn't think real life  places I wanted to consider buying would allocate such info.  2) Allot of posts include shortened terms which I don't understand such as ltv, helock etc is there a general list ? 

My thinking is that If I get the house and get it rented for 3,000 (1500 per 3 BDR apt) I can allocate : 300 = repairs 300 = vacancies 300 = Flood emergencies 400 = Profit 

In MA for example, you apply for allocations 3 times a year and are allocated in increments.

Each of the below list is actual dollars spent by area, my contractor broke down his bill/quote so that I could more easily allocate costs for depreciation purposes (among other benefits of knowing what I am sending by room).I would like to be able to depreciate each of these expenditures of 7 years but I am not sure if I am allowed to (with the consequential answer placing these depreciation dollars into a 27.5 year bucket):Screened in Patio: $4,798 - we are destroying a room and turning into a nice screened in patio.Bedroom renovations: $7,888 - updating bedrooms with new drywall, removing and replacing ceilings, light fixtures, building additional closet space, paint, trim, etc.Entry way: $4,308 - the shared entry way is a mess right now.

I am not sure if seller is current allocating that water expense to the units or rolling it into the rent.The big upside potential here is if I can get the city to license turning that weird 5th unit back into 2x 1 bedrooms each earning ~$700 and getting a big bump in cashflow.

If you start 50/50 or 60/40 or whatever, all future expenses and income would need to be allocated on that same basis.Neither party could ever buy the other out.Even if you have such a rigid framework, however, there is room for the IRS to determine there is a benefit between the parties.  

If they want you to show more deposits allocated to the loan have your attorney hold it and provide them a statement.

How can we best  change the allocation. 

I meant to describe controling 100% allocated expenses where as no one else has finger in management and being able to gain that experience to apply to manage PM.