The court have said that expenses allocable to the common areas are not deductible (Anderson).2) You will have to find a reasonable way to depreciate based on # of room, or square footage of room that is rented. 3)Yes, utilities and those kind of other expenses can be allocated to rental activity based on the allocation percentage.

In order to make it work the amount of properties has to justify the resources youre willing to allocate to these areas.

In a similar fashion, if you can imagine how much landscaping and underground infrastructure is in a golf course as compared to the clubhouse, that will give an indication of why an extremely high percentage of the property's value is allocated to the land improvements.The "lazy 1031" can be executed with a direct investment yourself, or through a passive investment in a syndication with a sponsor who is taking the bonus election.

He told me that he only allocated an hour for our meeting so I would have to come back.

At this point, I'm more inclined to continue with syndications as my sole real estate allocation, but it's possible I eventually desire to be more active.

We plan on aggressively purchasing more in the next 3 years by allocating by liquidating some of our stock portfolio to REI3) We have an old trust, and thinking about creating a new one so we can include our new propertiesSo the questions are:1) When is a good time to think about putting our properties in a LLC as a way to shield our other assets.

Hi, I use Tenant Cloud for all my properties and accounting and have a question about how I should allocate payments towards a HELOC.

When an investment is made, you need to clearly document the relative proportions of Roth and Tax-Deferred funds applied, and all future income and expenses need to be allocated on that same basis. 

This is just a small part of my investment allocation so I'm fine with what I do and the returns I get. 

You will have to use all the cash in the purchases but it can be allocated in anyway you want.So you could put all of the cash into one property paying cash for it or taking out a minimal loan.