I only have one STR and I am not a high income earner at my W2, so I am trying to accomplish this so that it makes financial sense just for my one unit.Topics of assistance-cost segregation, bonus depreciation, active participation and my logging hours, home office, offset W2, schedule C etc.Thank you in advance,Austin Spitzenberger

@Brian Jasinski keep in mind bonus depreciation is phasing out these next few years unless we get another legislation change so doing the cost-seg and STR loophole won't be as lucrative as it once was.

These reforms can impact property valuation, financing decisions, and investment strategies.Key Points:Interest Deductibility Limitation: Limits on business interest deductions may impact financing decisions and leverage.Bonus Depreciation: Enhanced bonus depreciation rules allow for immediate expensing of certain capital expenditures.Qualified Business Income Deduction: Pass-through entities may be eligible for a deduction of up to 20% of qualified business income, subject to certain limitations.

As a bonus, any suggestions on how to go about finding buyers for a property like this?

If you look at most of the new construction that comes on, they will advertise finished basements or third floor bonus rooms in their square footage (and some even garage space).

The only info I found was with regard to 'bonus depreciation.' 

I think right now this is anyone's guess, but I'd wager that my $400,000 1500 sqft 1950s build duplex here in Denver doesn't need substantially more than it's counterpart in Ohio in the way of CapEx and Maintenance.

We've also been able to increase asking rents $25-50 without any work because of her excellent work following up on leads and staying on top of everyone.hope you gave her a nice bonus. !!! 

@Phil Contreras If it was placed into service from September 2017 and on its eligible for bonus, half the studies i do are lookbacks.

Interested in hearing tax implications related to buying short term rental property (out of state)let's say buy in 2023 , property cost 500k (building cost 300k,land 200k)would i be able to use bonus depreciation i.e 100% of building cost 300k (similar to 179 fir vehicles etc, probably 80% due to this year its reduced) or maybe split total cost for depreciation in 5 years or so,  when i buy investment property and use as a short-term rental ?