26 C.F.R. § 1.514(e)-1 Allocation rules.
Title 26 - Internal Revenue
Where only a portion of property is debt-financed property, proper allocation of the basis, indebtedness, income, and deductions with respect to such property must be made to determine the amount of income or gain derived from such property which is to be treated as unrelated debt-financed income. See examples 2 and 3 of paragraph (b)(1)(iii) of §1.514(b)–1 and examples 1, (2), and (3) of paragraph (b)(3)(iii) of §1.514(b)–1 for illustrations of proper allocation. [T.D. 7229, 37 FR 28153, Dec. 21, 1972]
Title 26: Internal Revenue
PART 1—INCOME TAXES (CONTINUED)
Taxation of Business Income of Certain Exempt Organizations
§ 1.514(e)-1 Allocation rules.