Are they part of the pref equity position?

What would be my best route to take if we need additional finances?

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%.

Feel free to reach out if you’d like some additional resources or guidance on getting started.

Is there a way to access the additional features without creating a new Stessa account through the BiggerPockets link? 

In the middle of a lawsuit with a 2nd position lien. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

In addition due to prop 13, the tax base is a fraction of if it sold today.   

We're based in Tampa and, in addition to personally investing, I own a mortgage company that provides financing for tons of investors.

In addition, the gas bills have shut off notices and are not being paid. (3 units are occupied and utilities are all paid by owner).