Depreciate property to a loss?

[Daniel D.]

Hello, I’m going to have my first rental going up in the next 4 months. I should profit $800/mo from this rental. It is a 400k house (not sure land value yet) but I’m wondering if I can depreciate this into a loss and get a tax break on my personal taxes?

800*12 = $9,600/yr

Let’s say I was able to depreciate the house $12,000/year. Would I be able to write off a loss of $2,400 and carry that over to my personal taxes?