They will for instance have you shift allocations on occassion so to save you tax dollars.

So to make it super simple I have my hard money lender give me a bank statement showing how much is in their account and then a letter stating they are allocating X amount for X LLC to purchase X property.

The City is asking our partners to extend and increase their support to provide immediate and long-term assistance, including: Washington State  Allocate additional resources for mental health and substance abuse disorder treatment;  Set Medicaid rates for inpatient treatment at an amount that is sufficient to provide effective treatment;  Identify state-owned property to host authorized encampments, vehicle parking, emergency shelter, and housing;  Allocate intervention and other resources to address the public health and safety crisis associated with unauthorized encampments on state property along I-5, I-90, and SR-99, including implementing physical changes to those areas to minimize ongoing and longterm public health and safety risks.  Increase the amount and expand allowable support services in the Consolidated Homeless Grant (CHG), including Housing and Essential Needs Program and stabilize funding for CHG;  Restore the Housing Trust Fund (HTF) to pre-recession levels; and  Authorize additional financing tools to expand affordable housing and ensure affordability and protections for tenants.

., buy replacement property that is valued less than what you sold) or end up with cash left over, the amount would be first allocated to deprecation recapture taxes (25% Federal, and then your state rate, if any). 

You will be allocated a portion of the gain when one of the properties is sold.

This will be a combination of the proceeds from any flips, or sufficient passive income allocated to cover tuition going forward.5 year goal- Financial Freedom.

Some banks will only allocate a certain amount for these types of investments and have their own set of additional criteria.  

Unless you have a particular passion for this business, I would recommend for you to sell and allocate your inheritance towards investments you are more familiar with and ones that are a bit closer to you.

What is your opinion on concrete bath tubs, they are a trend and expensive, but not for the crafty DIY type.Can't recall the magazine right now, but there are sites as well that give the average space allocated to rooms in a range of total square footage of a home, like 12% for a kitchen in a 2000 sq ft home.

I too am interested to hear if you could take a terminal loss on the appliances (wrote them off) or if you would be obligated to allocate a portion of the sale price to them.