Sub to accounting question

[Aaron Junck]

When buying sub to:

If you decide and are comfortable (have exit strategies) purchasing via sub to, and keeping as a rental property.

Who gets the tax benefits? Do you get to depreciate the building out as any other typical rental? Do you get to write off the interest paid throughout the year? I would assume the answer would be yes to both. I was just curious as to if the person you are purchasing the property sub to has any tax benefits or implications to know of?

Yes, I know about the due on sale clause and how it can be called due etc. I am just trying to have a good idea on the tax end if a person doesn't end up flipping the property.

Thanks in advance!