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%.

Then she still only makes 2% extra for taking the risk of you not paying versus a bank.

Quote from @David Krulac: @James Hamling  Agree 100%, in my market the number of owner occupied buyers versus investor buyers is sometimes 9 to 1 or higher. 

If you own several apartment buildings your best interest might be to speak with a asset protection attorney versus asking questions online of just anyone who might respond.Good Luck!

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

@Jonathan LudizacaFrom a lender's perspective, starting in 1-4 units gives you experience and many more lenders will be open to first time flippers in this space versus multifamily. 

you are talking about modifications you make with just words it would help to have pictures of updated renderings or version 1 versus version 2 

I bet there were some takeaways looking back. 

I handle payments by draws and I must always be ahead and work versus payments.

That will cut your cost by 1/3 versus retail.