Material Participant Bonus Depreciation SFH

[Amanda Swetman]

Looking for y'alls input. My husband and I are looking to purchase a property as an Airbnb. The cost of the property is 450k. My husband is a real estate professional and with this being an Airbnb that I will self manage, I am able to qualify as a material participant in the property to qualify for bonus depreciation. With the research I have done, a cost segregation and bonus depreciation can save you 20%-30% of the purchase price in that first year. This is exactly what we are needing for this year and is most likely a deal breaker for us purchasing if we cannot get that bonus depreciation. I have been trying to set up a time to chat with our CPA but his schedule is very busy. I will ultimately not make a decision until I speak with him but I wanted to reach out and see if any of you that qualify as a material participant have had luck with this on a SFH.