Updated over 6 years ago on . Most recent reply
Pros and cons of depreciation
What is it?
Pros and cons
Most Popular Reply
Pros: You get to write it off your rental income and put more money in your pocket at the end of the year.
Cons: You have to give a percentage of it back when you sell the property (unless you 1031 it). It's also mandatory by the IRS to claim depreciation.
Overall it's one of the major advantages for RE investing and since it's mandatory, so you may as well claim it and enjoy the ride. :)