Can STR purchased under LLC ownership offset W2 of LLC members?

[Sachin S.]

Hi,

Can STR purchased under LLC ownership offset active W2 income of the members of the said LLC?

I plan to do cost seg study and get bonus depreciation (and will actively participate as per IRS rules) but need to confirm if this would still work if buy STR under LLC and I can still be eligible for that STR loophole?