Claiming depreciation

[Michael Osborne]

Hi Guys,

I am moving into a new home in December and will be renting out my current condo. I understand that if I list the condo during this Calendar year I will then be able to claim depreciation. Is it worth trying to get the property listed this year in order to claim depreciation if there is no income from the property for this year? Will the depreciation create a loss on the property that I can claim against my personal income?

Thanks,