Negative cashflow strategy

[Sachin T.]

Is it wise to keep a negative cashflow home in the bay area for appreciation, if you can fund the negative cashflow from the positive cashflows generated from other properties. The advantage I see is the huge depreciation benefit that the property gives along with the actual negative cashflow (loss). Ideally I think it's good to have a mix of appreciation and cashflow in the portfolio, wanted to see what experts think. My strategy is to keep the property for next 7-10 years with negative cashflow but generate way more positive cashflow from other investments and also make tax free gains on the generated cashflow due to the huge depreciation benefit.