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Multi family expense allocation

If I own a duplex, can I assign all expense to one unit or do I have to divide by the number of units?
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1 Reply
Patrice
New Member

Multi family expense allocation

It depends on how you have the property listed.  If you have it listed as one single property (for example 123 Main Street Unit A&B City, state, zip) then you would assign the expenses as one unit especially if the property is deeded as a single parcel.  If you list the property as 2 different properties (for example 123-A Main Street and 123-B Main Street) then I would recommend that you separate the expenses and assign the expenses accordingly. 

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