why are you wanting to go through all these hoops?
When it comes to depreciation, most folks don't realize or are just not aware that depreciation is not a permanent deduction. I myself prefer to keep my depreciation as low as I legally can. That's because when you sell the property you are required to recapture that depreciation in the tax year you sell it. Even keeping my depreciation as low as I legally can, I still show a loss on SCH E. Several things to keep in mind when it comes to recapturing depreciation.
1) You are required to recapture depreciation taken, or the depreciation you should have taken in the tax year you sell the property. So not taking depreciation is of no benefit.
2) Recaptured depreciation gets added to your AGI. This has the potential to bump one into the next higher tax bracket.
3) There is also the potential to disqualify one for tax credits they may otherwise qualify for without the recaptured depreciation increasing their AGI.
