- when I allocate capital gains, gains and losses from sales, which accounts should those go to??

I proposed that because 1/3 is now owner-occupied I would not be paying rent, but that we would split income and expenses (that is solely allocated to the rental units) 50/50 on the other 2 rental units.

They bought a single home together, owned as TIC 60/40, and got the following benefits:-A was not going to use the home so often as to require 100% of a home-B&A together have more resources than B alone, so he can get a way nicer home, more amenities, better location, way higher rental revenue-B has hired cleaner/quasi property manager who keeps the property probably nicer than A actually would on their own -B gets to diversify and put the rest of the money he would have allocated to this purchase to a diff home or neighborhoodObviously the agreement is actually fairly complicated and I assume quite rare (I have a particular interest in group purchases, and I only met them because I went looking), but they seemed really happy with it.

@Steve DellaPelle, it CAN get 100% allocated to your principal, but you'd need to advise the Bank EVERY time that the EXTRA $250 is "principal-only".

What is your overall asset allocation?

@Kevin Phu but you didn’t allocate any to taxes, insurance or maintenance.

However, in crypto you could assume that a blockchain that supports Web3, DeFi, and is an industry disruptor would be a viable investment for a small allocation of your portfolio.

I may have paid more (net) for a done deal than others would pay, but I met my target (I'm willing to allocate up to $2,000 in marketing costs to each done deal).Keep in mind, though, that the only deals I was doing were straight purchases/rehabs/flips.

Allocate some money for traveling, and find properties in places like Nevada, Arizona, Utah.

This actually increases your tax while yoyr net income stays the same.Try allocating admin type expenses - auto miles, biz portion of phone, internet, etc. instead.Feel free to contact me for further info.Hope that helps,Ted