Assisting the Commonwealth of Puerto Rico and local governments in re-allocating existing federal resources toward disaster relief – HUD's Community Development Block Grant (CDBG) and HOME programs give the State and communities the flexibility to redirect millions of dollars in annual formula funding to address critical needs, including housing and services for disaster victims.

This CPA should know how to do cost allocation studies too if they are true "real estate" accounting gurus.

In that case, you got a steal and also created solid value with the rehab.Additionally, it's always good to be allocating for vacancy, but a lot of the times it seems most small time investors can keep occupancy at 0% if they manage well and are in a decent market.

(you can verify later as to how much they charge)What do the current owners allocate for maintenance/repairs currently?

@Jonathan Jewell The syndication attorney has to form the new entity and draft the company operating agreement with the specifics on how the profits and losses will be allocated, draft the private placement memorandum (a massive, highly detailed and complex document), file the exemption documents with the SEC and the state securities board, draft the subscription agreement for the investors to put their money in, draft the investor questionnaire, review the verifications of accredited investors, etc.

In order to save in taxes can you sell both properties as a package deal but allocate more of the sales price towards the dollar store property that is eligible for capital gains?

Yes, there are plenty of groups out there allocated to investors.

My clients are HWN earners, business owners, physicians, etc that desire to allocate funds to income property passively.

For shorter depreciation period, you would have to allocate purchase price to the various properties via cost segregation.

I am allocating roughly $100/month per unit to go towards repairs and capital expenditures.