I would check with an attorney or CPA on it.EDIT - Check out Scott Royal's site - https://royallegalsolutions.com/what-states-are-permitting-s...He used to be on here quite a bit but I haven't seen him in a long while.

Not a CPA or lawyer but this is how I've done it so far:1.

Make sure to have a good CPA that understands real estate investment.

Just as you would trust a CPA for your taxes, you should trust a CCSP for your Cost Segregation study.Feel free to reach out with any question!

Others were much more diligent in this aspect and required Letters from your CPA ( which is how my few syndicated investments went).

Bank accounts for each and handling everything separately So, I met with a CPA last week, and the advice she gave me was to create a Holdings LLC and a Property Management LLC in addition to the current 2 property LLC's.  

Hey All, My name is Austin L Smith and I am a CPA offering bookkeeping to landlords, STR managers, and other Real Estate professionals.

Also, I am NOT a CPA, but we have seen certain accountants help people get the payment excluded as soon as the next tax year by including it in the P/L for a business - so may be worth having that conversation with yours.   

You should check with a good CPA to make sure.

Hey @Usman Khan, so this is something I would contact a CPA on.