Cost segregation pros/cons on condo?

[Perrin Hickey]

Hi all! Newbie here….Wondering about the pros/cons for cost segregation. Purchasing our first STR, a 2/2 ski condo for over 400k. We got hammered in taxes last year due to our W2 income, so looking for ways to offset. Being our first setup, and being late fall, I have 100+ hours in material participation, which I assume will benefit us as well. Thank you for any and all insight!