Depreciation (and a cost seg/bonus) is tied to when it’s actually placed in service as a rental, not when you lived in it.

Can I use bonus depreciation?

Does bonus depreciation only apply to short-term rentals, or can you also take advantage of it with medium-term rentals?

Since the property was bought in 2024, you’d get 60% bonus depreciation, not 40%.

Unfortunately, I am unable to locate the downloadable bonus content and files that accompanied my eBook purchase.I have searched my email for the original link provided at the time of download; however, it appears that it may have been inadvertently deleted or moved to my junk mail folder.

Trying to wrap my head around the new bonus depreciation rules.

I’m not a CPA, so definitely verify any of this with one — but here’s how I understand it from working with dozens of investors around this strategy A few things to think through before deciding if it’s worth pursuing: – Your income and tax bracket — that’s what determines if the benefit’s meaningful – STRs vs LTRs — STRs often qualify for material participation without full REP – Whether cost segregation and bonus depreciation can offset enough income to justify the effortWe’ve helped dozens of out-of-state investors go both routes, many from the Bay Area actually this year haha: some through STRs, others through value-add LTRs using cost seg.

@Chris Watson, also true — I’ve seen beachfront and amenity-heavy condos outperform nearby homes when the buy-in is right.From a tax view, condos often win short term because less land = more depreciable assets under the new bonus depreciation rules.

What would you do with the bonus?

Since you're 19, there's a good chance that your work style / interests / goals, etc will change quite a bit over the next few years, which makes finding a mentor that's well-matched to you all the more difficult...Personally, my interests/goals/skills changed DRAMATICALLY between the ages of 19 and 25--and that's a fairly common thing.