CPA - Tax Consultant Recommendation

[Abhi Patel]

Hi All- This is my first year in real estate investing and i have bought 4 properties this year spending roughly 30-40K in each of the properties for rehab. Can anyone please suggest me if i can offset that spending against my W2 income (>200K)? I’m putting al those properties on long term rentals. I understand you may not be tax expert but any general guidance will be appreciated. 

Additionally will take any CPA recommendations? Looking to find someone who works with real estate professionals.

[Abhi Patel]

Quote from @Colin Ushkowitz:

Have you thought about getting a cost segregation analysis done? 

I think that's an option but i will want to know if the losses built through cost segregation can be used to offset W2 income or will that require real estate professional status?