Good luck, also quick note, an intestate estate (without a will) that has more than one property and several heirs usually has to be liquidated to be able to divide/allocate to heirs- it is just easier to deal out cash than properties.OK: Here it comes..

If you use the calculator with 10% maintenance you will allocate $100/ month for 3/2 SFR and $200/month for the condo.

Also, it's difficult to rationalize allocating funds to a retirement account which may yield 7-9% annualized when you could get 20% cash on cash in a rental property which also has the potential to appreciate.Personally, I contribute 8% pre-tax to a 401k and I also get a company match.

They may make plenty of money, but it may very well be allocated elsewhere.Rental history.

This is your depreciation on the stock.Your depreciation deduction for the year can’t be more than the part of your adjusted basis (defined in chapter 2) in the stock of the corporation that is allocable to your rental property.

Normally the allocation of income should follow the economic effect of transaction.

Also, your allocations for expenses are all static figures derived from some %.  

You allocate $15 a month to maintenance.

Because mortgages are amortized to have an accurate idea of principal paid down you need to allocate the interest from your payments.

Credit: Cash Account 8% of gross rental revenue (again, money did not move in actual account, I just re allocated it to another reserve account.