Can I do the analysis on my LTR as well this yr in order to use  up the 80% bonus deppreciation allowed for 2023?

The appreciation will be an added bonus and since you can not predict it and control it, do not account for it.

If we don't invest it and take advantage of bonus depreciation or 179 deduction/depreciation, then we'd be paying significantly more in tax after the income passes through as schedule K income and we would not be getting the maximum amount of benefit that we could with a sum of money like this. 

Make sure to verify all types of income with paystubs (or signed offer letter), bonuses, and 1040 or W2/1099.

Cost Segregation just analyzes what you purchased.You don't do a cost segregation on items after purchase because you know what they are and can determine whether they need to be depreciated over 27.5 years or a shorter time period, in which case it would be eligible for bonus depreciation.

Did you take any bonus deprecation at any time? 

Per code, as-of-right, a building with a CMX-1 zone designation is permitted a maximum of two or three dwelling units (dependent on lot size) plus any applicable housing density bonus pursuant to section 14-702(7).

NV = casinos, WA has 4th highest sales tax.

Hi All,Interested in purchasing a STR this year, meet material participation rules/100 hrs, obtain cost seg and bonus depreciation.

@Ashish Acharya thanks. the huge loss would come from depreciation, especially if i get a cost segregation analysis for the recently purchased property. so the personal use residence limitation supercedes everything else we were discussing, and you cant take advantage of excess losses or bonus dpereciation to offset w2 income if you have personal use?