Where to buy buildings with high building value?

[Michael Hyun]

I'm looking specifically for a property that has high building value, so that I can claim a lot of bonus depreciation this year and generate a large paper loss in my rental property business this year.

My wife is a Real Estate Professional, so we plan to use these losses against our taxable income.

Right now I'm looking for something like a 4-plex around 1M Purchase Price, with a building value of 80% or higher. That way, I can generate a large amount of passive losses and offset some of my W2 income.

One big factor is that the 1M of real estate bought needs to at least be "Breakeven" - meaning it doesn't negatively cashflow. 

Anyone in a similar position?