Sec 179 depreciation

My spouse have W 2 income of around 120K and I have a property for airbnb only which I materially participate in. The house ( around 100Khas never been lived in and not used for vacation or any personal use. Can we deduct the cost of the property minus land under sec 179 from the W 2 income as so far we have no income from airbnb yet?

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Thank you so much for your response. Let me add further details to my query. We are registering that property under a LLC and I will be qualified as a realtor. But it will be used as a STR property only.

My investment consultant is saying that it qualifies as QIP and we can take either sec 179 deduction of the value of the house minus land and bonus depreciation of 60% if needed.