[Code of Federal Regulations]
[Title 26, Volume 2]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 26CFR1.141-6]

[Page 649]
 
                       TITLE 26--INTERNAL REVENUE
 
    CHAPTER I--INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY 
                               (CONTINUED)
 
PART 1_INCOME TAXES--Table of Contents
 
Sec. 1.141-6  Allocation and accounting rules.

    (a) Allocation of proceeds to expenditures. For purposes of 
Sec. Sec. 1.141-1 through 1.141-15, the provisions of Sec. 1.148-6(d) 
apply for purposes of allocating proceeds to expenditures. Thus, 
allocations generally may be made using any reasonable, consistently 
applied accounting method, and allocations under section 141 and section 
148 must be consistent with each other.
    (b) Allocation of proceeds to property. [Reserved]
    (c) Special rules for mixed use facilities. [Reserved]
    (d) Allocation of proceeds to common areas. [Reserved]
    (e) Allocation of proceeds to bonds. [Reserved]
    (f) Treatment of partnerships. [Reserved]
    (g) Examples. [Reserved]

[T.D. 8712, 62 FR 2297, Jan. 16, 1997]