Limit Research Time: Allocate a specific amount of time for research and analysis.

We have some light real estate experience but are now making the jump and plunging in head first towards making this our primary activity - all as the means to the end of us having financial freedom and allocating our time to the things that are important in our lives.We live abroad in Europe but have a home base in the Charlotte, NC area.  

This is simply the allocation of a master utility bill.

I agree with Bill and the interest on the rental should be allocated as an expense on your business income.

If the contract allocated prior year plus X percent, then that would have been the HUD statement allocation.

@Quinton Thomas when you interview CPA's in your area ask if they have done "Cost Allocation Studies" for their other investor clients.

That program is coming back and it's good to be approved with lenders so you can use it before others as there is a set amount allocated.

Of that 50M, 25M was allocated for the construction of a new recreational faculty that has since been completed.

Yes I also have a restriction on vehicles basically each bedroom gets 1 car space allocation. 

If you have heirs you want to leave things to, or think you might have to go into assisted living, you should be thinking more about asset allocation into trusts or things of that nature instead of paying off a paltry mortgage.