thanks If you bought it vacant, then many of the expenses may have in fact been acquisition costs to be added to basis or depreciated separately. 100% bonus depreciation was available on certain improvements or items PURCHASED AND PLACED IN SERVICE after 9/27/17.The 750 have to be in Development or redevelopment, Construction or reconstruction, acquisition or conversion, rental, management or operation, leasing, brokerage.

Then I could accelerate the bonus depreciation (at 60% for 2024). 

There is plenty of office support, AppFolio software, I am open to bumps in commission/bonus structure -- portion of rent raises, lock changes, identifying more MF buildings, commissions IF we decide to sell any properties, etc. 

Can I claim bonus depreciation for the property purchased in 2023 against W2 income in 2024?

  (1) It sounds like your LLC is a separate tax filer, but the issue you may run into is that the IRS makes it tricky to buy from "related persons" under IRC 267(b) (a category that includes business entities) in a 1031 exchange. 

Honestly, most deals are going to fall into this category.

Based on your explanation, it looks like I fall into category 1 since I plan on repeating this strategy at least 2-3 more times.  

It's a nice bonus, but it's not the focus.

If you have any stories regarding house hacking and buying properties for rental that'd be a bonus. 

It has the best amenities and developers have to go further and further for their new projects.Your budget gets you more in the studio category or you might get a 1-bedroom but it mightn't be ideally situated or in the best development.