Can I skip the rental house depreciation for a couple of years?

[x_m_z1]

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.

[TurboTaxSusan · Accepted solution]

Yes, you can skip taking CCA. It's not mandatory.

If you don't take CCA then the amount will stay in your UCC for future years.