Passive Investor: Depreciation tax break

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Hi

Could someone help me the following - As a passive investor, how does one claim the depreciation/losses from the investment property? For example - if expenses are more than profits and you have a net loss, could you get some tax benefits from that, and secondly, the depreciation of the property value - could that give some tax benefits, may be when you sell it?

THanks
Alvin