There could be other issues as part of that downpayment will be allocated to capital gain as well which could be as high as 23.8% plus state rates.

Most of us accept the concept of a marketing budget to explain how we allocate time and money to find buyers and sellers, including through targeted cold calls.

Boot would first be allocated to any depreciation recapture that you have and would be taxes at 25% flat rate for federal purposes and then what ever your state rate is, then the remaining boot amount would be allocated to your capital gain and taxed at a maximum rate of 15% for federal purposes and what ever your state rate is.

Make sure you have the proper amount of reserves to allocate WHEN things go wrong though.

A househack is part personal residence, part investment property.As such, payments for the full property have to be allocated to personal and business deductions.

Your math is off.You spent $5200 to bring the mtg current.You haven't included any transaction costs ... for 2 transactions.You haven't allocated a single dollar to the displaced homeowner.

If you’re willing to allocate the time and are competitive, Cleveland’s lower end market may be a suitable fit for you.

You can also allocate your proceeds in any manner. 

If you live on it, and rent out the room, the repairs will be deductible that is allocated to rented portion of the house.

Because it can be a headache when you are working with that 100K and need to fix structure/foundation issues (just an example) that are going to eat up the budget and she has that money allocated elsewhere.