Take note that if you purchase a property and sell it in the same tax year, you are not required to take depreciation.
I do note that you say "I" do this. Are you by yourself in this endeavor? Or do you have a partner? I ask, because there may be other alternatives that you may want to at least be aware of, for consideration. Possible alternatives may or may not help on the tax front. But you won't know until you know what those alternatives are. But before you can even consider them, it would require that more than just you be involved/invested in this. If you are married, then this endeavor can most certainly include your spouse. It also matters what state you are in.
