Remote STR Cost Seg + Bonus depreciation for W2 tax offset

[Pratap Singh]

Can remote STR help us to qualify STR tax benefit. STR in Florida and owner lives in VA. Managing remotely from VA after initial 2 weeks of onsite hours in furnishing property (~80 hrs) after closing in june.

And 20+ hours in remote remote co-ordinating bookings, cleaning by cleaner, answering guest etc. Except cleaner no other help as its new construction so no maintenance expected.

[Michael Plaks]

Potentially yes, although it requires a careful examination. You seem to clear the 100 hours threshold, providing the hours are of countable hands-on participation and are documented well. If your hours exceed those of your cleaners, you may be able to pass. Again, this cannot be conclusively determined here on the forum.

Also, keep in mind that cost seg/ bonus depreciation will only create a benefit in the first year. After that, this property will not have significant depreciation.