A few questions!

[Mariah Volk]

New to this, so please be nice :)

1. If we meet all of the requirements and choose to take bonus depreciation on an STR in 2024 (to take advantage of the 2024 40%), would recapture occur if we decided to change use in 2025? We are going to give it a try, but if we choose to either STR the property a bit with some personal use OR live in the property either some STR in 2025, does that trigger recapture or is it only on sale?

2. If the bonus depreciation amounts go up in the future again, can we capture the other 60% if we still meet the threshold? Or are you done with bonus depreciation?

- we are aware of the statutory requirements, just deciding whether the tax benefits would be worth it to us for the long term for a specific property -