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Updated over 3 years ago,
Depreciation: Do or Dont?
Hello all!
First tax season with my rental property and my CPA is asking me if I want to claim the depreciation on the rental or not. I know if I do I'll get more money back now, but then I'll have to pay the taxes on it later as it gets added to the overall price at the time of sale? Are there any other pros/cons for claiming depreciation? Any advice is welcome. Cheers!