Don’t just focus on the voucher—focus on the person behind it.

THEY ARE STEALING FROM YOU (remember your remark about him not even getting a fast food/entry level job? 

From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.  

Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.

Quote from @Ashish Acharya: @Niklas Zhu If you tear down your STR in 2025 and convert it to personal use, depreciation recapture does not occur at the time of conversion.

Real estate investing is forgiving; the average person can still make money even with some big mistakes.

@Laurens Van swol a few banks that we've worked with in the past allow you to close in your personal name.

My sons are of homebuying age but the barriers to entry are so much higher than they ever were before.

Call 3 references:  Verify that they work there, or that it is an actual person by asking where they work first, and don't mention who you are until after.  

I have a friend that owns over 60 rentals in his personal name and he's never been sued.