W2 depreciation offset

[Matt Hunter]

Hello, I am new here and looking for help. If this is the wrong platform forgive me. I am an active three year STR investor with 4 current STR properties. In January of 2023 my business was sold. :) Unfortunately, my deal was structured with a transaction bonus payment of 2.5M that came to me on a W2 payroll check. I have bought and cost segged two new STR properties this year which will provide around $400K in depreciation offset. I am working on securing an RV/MH Park at a price of nearly 2.5-3M to cost seg for 1.5M in bonus depreciation this year to nearly wipe out the remaining federal tax liability. My question is, can I take nearly 2.5m in depreciation offset against the W2 earning. My wife and I file married and up until April 2023 she was our real estate professional as she stayed at home and worked the real estate business. Now that I am out of the corporate world, we both manage and have REPS to actively participate. I am currently operating the real estate with a single member LLC and my wife has an S-corp for consulting services. Seems like I get a lot a mixed responses from certain tax professionals on this subject. Please help.