To confirm it's not optional for depreciation. See post from another website.https://learn.roofstock.com/blog/rental-property-depreciation-recapture#:~:text=Dep...
In this case, can owner decide not to depreciate the rental property at all?It will be much nicer. So there would be no taxable rental income for 2020 and 2021;...
Thanks DoninGA.Let me use an example, the property was purchased at $500K on 2020/1/1.In 2020, the rental income is $10K, the holding cost is $12K, depreciation...
