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%.

Looks like a lot of investors who were slated to receive funds on January 1st 2024 never received them and then they promptly put a lock on the "redemption program" February 1st.

We also received a $2400 security deposit.

I'm not saying this to deter you, but there are some additional regulations I think everyone needs to know before they jump in. 

My goal is to leverage that equity for additional income.

Investors Receive "Restricted Securities"Syndication investors receive restricted securities, meaning:They can’t freely sell their shares like a stock.They must hold the investment for a certain period.Additionally, you must file a Form D with the SEC within 15 days of the first sale of securities.

Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?

I have not received any return on my money. 

I received permits at the end of October and waiting for them to scrap my lot currently.

Also, the home owner most likely has a mortgage and receiving a large amount of cash and then not spending it for 3 months can be more challenging than you’d think.