bonus depreciation questions

[Robby Sanchez]

Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in which one side is my primary residence and i am renting out the other side. I plan to sell quite a bit of stock this year (2024) in order to fund some renovations and want to use the depreciation of these properties (if possible) to offset my capital gains when i sell the stock. Am i thinking about this correctly? I have googled alot of information but it is hard to wrap my head around this specific subject. 

- how can i get a rough estimate on how much the properties will offset? does BP offer a calculator like this?

-if i used bonus depreciation on my single family when i did my taxes this year for 2023 what does that mean for future years moving forward regarding the depreciation for the single family??

- should i use bonus depreciation every year?

-does depreciation work the same in the duplex since i am living in one side and renting the other? do i only depreciate the side that i am renting out? 

-what is the most often used depreciation strategy or what kind of strategies do you use?

thank you !