Cost segregation study for STR purchase in November

[Guillermo Rivacoba]

High earning W2 income looking to offset taxes with a cost segregation study on a STR.

More than likely would be purchased early November, so would this make sense to pursue?
If i'm not mistaken, you need to show proof of 100 hours of work put into the property/rental, and make sure it is more than any worker or contractor that works there too. You can't rent out for longer than 7 day period to any one renter. If I follow those guidelines, would it still be feasible to purchase early November to offset 2023 taxes? Or is it too late in the year at this point. 

[Guillermo Rivacoba]

Quote from @Sean O'Keefe:

Quote from @Guillermo Rivacoba:

Quote from @Julio Gonzalez:

@Guillermo Rivacoba It is feasible and I've seen properties with a purchase price as low as $150,000 benefit from a cost segregation study. However, one question I have is does this investment still make sense if for some reason you aren't able to benefit (or significantly benefit) from a cost segregation study?

In terms of value vs time, I am better off doing a syndication since it is significantly less hands on. However, I am leaving a significant amount of money on the table as a W2 earner if I don't take advantage of tax benefits. At that point, value vs time, STR takes the cake

 For a syndicate, don't you also have less control of liquidity?

 I believe so, but even in a home, that's not the most liquid portfolio.