Hello,
I own a rental house and rented it out. I always took depreciation in the past years. However, I have a low income in 2022, so I am thinking to skip the house depreciation and absorb the rental income and pay tax on it to avoid the depreciation clawback when I sell it.
Is there any negative consequence for me to skip the depreciation for a couple of years except paying tax for the rental income now?
Thank you.
