Pros and cons of depreciation

[Charlie Moore]

What is it?

Pros and cons

[Jon Crosby]

@Charlie Moore

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.  :)