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You can only claim deductions for the period during the year that the property is rented or is available for rent. If you live in a property and intend to rent it out in future, investment property depreciation is not available to you until it is used for rent generation.
Because you are not buying it for use, you are buying it as an investment. Depreciation matches the costs to the period in which the asset is used. Since it has been classified as investment property the intent is to sell it at some point in the future, not use it. You can think of it in terms of stock. You wouldn't depreciate the purchase of a stock.