Based not that how you are going to allocate the income. 

2) Will the entity hold capital assets that will appreciate in value3) Do you want to allocate income/loss in a fashion outside of the capital contribution percentages4) The amount of income generated by the business5) etcThis is something you want to consult with your accountant/adviser before proceeding.

Hence when speaking with new clients I always ask whether the funds they are planning to use are allocated for the sole purpose of investing.

As cost segregation allocates a large amount of property to 1245 property it cannot be 1031 exchanged.

You can also have more than one loan guarantee out at a time maxing to the value allocated for your area.

Title does not change hands (LLC remains the owner); so, it may not trigger reassessment (or transfer taxes in some states).Separately, in GAAP purchase accounting, the purchase price is allocated to the assets acquired based on their fair values (market) and any excess of the purchase price over the fair value of the assets acquired is considered Goodwill. 

Account Closed although I am not an attorney, an LLC structure does give flexibility in creating special allocations to members thus tax write offs would probably fall into this category.This would be a unique structure so make sure you have a good CPA and attorney. 

@Denise Parent the objective with 1031 exchanges, or other parts of the tax code is to allocate all of the sale proceeds in a post transaction, pre-tax way.

@Peggy BeauregardThere are no problems with special allocations of depreciation as long as those allocations have substantial economic effect as prescribed by IRC Sec 704(b) and the related regs."

I am allocating $200/month towards any home repairs or expenses that come up and will have a reserve of about $20,000-$25,000 in case something major happens.