A deep dive into one of the most powerful — and underused — tax strategies for property owners. By Yesit J. Campo, CPA · BIZ CPAs Miami $85,600 Tax savings · 5 years · $700K property 4× More savings vs. traditional depreciation 27.5 Years standard depreciation · cut to 5–15 You bought the property. You're collecting rent. You're reporting the income. And every year, your accountant takes the standard depreciation deduction — $21,000 here, $22,000 there — and calls it a day