How does depreciation affect your taxes as a rental property investor? Learn how the IRS doesn’t accurately account for inflation and what means for you.brbrIn this video, I'll also share with you what deductions you can get if you qualify as a Real Estate Professional and how you must be an active participant. There is no such thing as passive income.brbrFinally, I illustrate the point by recounting my experience when my business was audited and what I learned from it.