JamesG1
Expert Alumni

Get your taxes done using TurboTax

On IRS form 4562 Depreciation and Amortization, line 11 is reporting $0.

 

The total cost you can deduct is limited to your taxable income from the active conduct of a trade or business during the year.  Are you reporting the activity as a passive investor?

 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"