Yes. The reason is that the IRS tax law follows 'allowed or allowable' which means 'use it or lose it'. Essentially, whether you take the deduction or not you will recapture it. For this reason you need to use the depreciation in 2020 and 2021 and utilize the deduction.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
