The owner of the building at the time of improvementsFor public buildings, the deduction may be allocated to the architect, environmental consultant, contractor, energy services provider or engineer.Is there a specific time frame for when the property must be placed into service?

If 51% of the total sqft is allocated towards residential space, you should be able to obtain traditional owner financing options, meaning a lower down payment requirement.

Professional managers can strategically allocate assets across a range of investment vehicles to reduce risk and enhance overall portfolio stability.Risk Management: Managed accounts often employ risk management strategies to protect investors from significant market downturns.

Here are some #s I typically use:Insurance: $100-120/month (avg value of $180-250k)Maintenance: 8%Cap ex: 8%Management Fees: 10% (I allocate and self manage) Utilities for SFR: tenant covers electric AND waterUtilities for 2-4 unit: landlord covers water most of the time, separately metered electric on tenant.The market is tough right now and it's tough to make turn-key numbers produce a high cashflow.

Check out this post on the snowball method (it's pretty popular): http://www.daveramsey.com/blog/how-the-debt-snowba...Personally, I would focus on allocating any extra payments I was making entirely to the mortgage with the highest interest rate until it is paid off and repeat with the 2nd highest interest rate mortgage.Hope this helps!

Then work with an experienced LIHTC investor like @Ryan Daniher to get the new 4% tax credits allocated to the property and get an experienced Affordable lender to refinance the property under FHA insured 223(f) PILOT (the program specifically designed for projects with LIHTC).

But as @Erik Estrada says, if you can bundle these into a portfolio, the allocated loan amount can typically be a bit lower (down to $50k or so)

Tax would be on $100k, and is allocated $50k to capital gain and $50k to depr recapture?

Or is it somehow allocated proportionally... ie... the mortgage boot is about 37% of the overall 600k I was supposed to replace so now instead of a gain of 376 I would take 37% of that? 

I bought a house back in November 2020 for $378,000 in the Sacramento area. 1300 sqft 4 bedrooms and 2 baths. I rent out each of the room for $775/mon and the master bedrm for 850/mon. Total rent income is $3,175/mon....