Offset W2 income with end of year purchase?

[Michael Lin]

Hi everyone, I want to buy a property now intended for LTR.

However, since it’s near the end of the year, my wife won’t be able to qualify as a real estate professional to use the depreciation to offset my W2 income.

Is there another way to allow us to use the depreciation from the property to offset my W2 income this year?

Thank you in advance for any advice :)

[Michael Lin]

@Malcomb Stapel, I talked to a few people but haven’t found one I like so far. Any recommendation? I don’t mind working with CPA who’s outside of my state (CA).