Rita purchased a house a few years ago for \($250,000\) and has been using it since then as her residence. In the current year, she moves to an apartment in another city to start a new job. The value of Rita’s house has declined to \($200,000\) due to depressed housing conditions, so she decides to rent it rather than “give it away.” She also believes that doing so will allow her to write off through depreciation the \($250,000\) purchase cost. Explain why her belief is incorrect.