Is it possible to split STR W2 tax benefits between multiple owners?

[Yelena Korshak]

Hi everyone!

My friend and I are looking to buy a duplex in a city where, in order to get an STR permit, only one side can be used for the STR (While the other needs to be owner occupied). We're both W2 workers. Is it possible for both of us to get the tax benefits or would only one of us, the person who puts more hours into the STR, be able to get them?

Thanks ahead of time!