@wleuter wrote:
My question is that are there good strategies for doing that?
Like if I did some major home improvements but I don't report them all?
There really is no good strategy for minimizing your depreciation deduction. Your cost basis for depreciation is, simply, your cost basis (as is the fair market value when the asset is placed in service); you cannot change those figures.
You can choose not to report the cost of improvements, but then you will not be able to add them to your basis for the purposes of increasing your basis, at least not without a cost recovery method.
For example, if you spend $10,000 remodeling a bathroom in your rental property, you can choose not to report that improvement. In that case, you will also not be able to add that cost to your basis when you sell the property; if you do, there will be depreciation recapture (Section 1250 gain) to the extent of accumulated depreciation deductions you could have taken.
