One thing you should always look for in life and as an investor is to use your "unfair advantages".

Instead I want to take advantage of the opportunity I have of living rent free to invest my time and money in STR's to hopefully build that portfolio up and eventually make that my main source of income (I understand that will take time).

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?

You should consider making an investment in an area where you have a competitive advantage others. 

Builders are stepping up to meet demand, and buyers are taking advantage of opportunities in new construction that they simply can’t find in the existing-home market right now.

The Benefits of Staying CompliantCompliance isn’t just about avoiding penalties—it’s a competitive advantage.

Great question @Lorraine Hadden,You should always compare both side by side to see the advantages /disadvantages to each.

From my experience working with over 400 investors, starting early gives you a huge advantage in building long-term wealth.

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I certainly don't want to get into the business of being a "bottom feeder" that takes advantage of people, but if there is space in the industry for someone to help people in your situation while making a fair profit, I wouldn't mind learning more and getting involved.If interested, message me.