I’m considering buying an investment property to rent out. Putting together a spreadsheet with the financials to wrap my head around the returns.Let’s assume I depreciated or deducted more than I earned in a year. That seems pretty easy to do. For one property the 1/27.5 deprecation alone would accomplish this. Plus any upgrades I plan to do.Does this mean my taxable income from rental is zero that year? No tax on those dollars. That seems suspect to me. What am I missing?