What is a requirement that must be met in order for a taxpayer to depreciate property used in a rental real estate activity?

A$.$ The property must have a specific or measurable useful life of more than one year.

B$..$ The taxpayer must have owned the property for five years before placing it into service.

C$.$ the taxpayer must hold the property as an investment with the expectation of capital appreciation.

D$.$ The amount of rental income earned during the year must exceed the amount of depreciation claimed.