Should I depreciate my rental property or What if I don’t claim depreciation?

[MccTax 2022]

To reduce my taxable income, I would like to depreciate my rental property. But I don’t want to lose money when I sell it in a few years. Do I need to take depreciation now or not? Which choice is better? Any advice, please?

[DoninGA]

It is not an either or choice for depreciating the rental property.  You are required to depreciate the property each tax year it is a rental property.

[Anonymous_]

As @DoninGA stated, you should take depreciation deductions on your rental property.

Per Treas Reg. §1.1016-3, your basis is reduced by the amount of depreciation allowable (if you never actually took depreciation deductions).