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Investors & landlords
You will need to "sell" the other two assets (the roof and the sewer line), as well as the house. You will allocate a proportion of the sales price to each of these items. Using your example:
- Allocate 100,000/107,000 (100,000 + 5,000 + 2,000) or 93.45% of the sales price/expenses to the house.
- Allocate 5,000/107,000 or 4.67% of the sales price/expenses to the roof.
- Allocate 2,000/107,000 or 1.88% of the sales price/expenses to the sewer.
‎June 5, 2019
4:02 PM