Is it worth claiming depreciation in Canada?
Every Podcast tells me the answer is yes, however every time I talk to my accountant he says that depreciation isn't always worth claiming. He mentions that when you go to sell the property or if you pass away your kids will have to pay the depreciation recapture. Basically cancelling out any benefit it has. Am I missing something, or is there a follow up question I should be thinking about?
Thanks in advance,
Warren