oh, Ok, so the net loss will offset next year's rental income. Thanks.
One last question, .... Depreciation i.e. Improvements are better to have or expensing all for the year. I am in the position where I can do either due to condition. I cannot decide to depreciate some items than expense all this one year. I know it depends on future plans, but I am asking as a norm. I hope this is not too lame to ask.
Thanks.
