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%.

MTRs fall into the standard long term rental( 30 day +) category and will follow those regulations set for Long term rentals.

There is always risk, and these are highly risky and regulated techniques.

Quote from @Austin Ralls: Good evening BP Community, Can anyone shine some light on the rules and regulations on striking conversations with local pros and acquiring more PML to help fund deals? 

No STR regulations How did you find this deal and how did you negotiate it?

Unlike developed real estate, land requires little to no maintenance, has low holding costs, and offers various potential uses—from off-grid living to future development.What to Keep in Mind When Buying LandZoning & Land Use – Always check local regulations to ensure the land fits your intended purpose.Access & Utilities – Some properties are fully accessible, while others may require additional work.Financing Options – Unlike traditional real estate, land financing works differently and often requires creative solutions.For those interested in learning more, we regularly explore affordable land opportunities across the U.S. and can help navigate the process.

There good ways to navigate the market between the 5 counties, 2 states and many different HOA regulations.

And the laws and regulations here are very different, not very strict like the states.Prices are high and rents are low over here.

But I am in FL, and Im sure that scares others, but I am not just talking about natural disasters - just general over-regulation. 

Every property is so different and the various codes and regulations are different as well.