Hi PK. Here is an example. Date put into service 3/20/15. In TT, I had to put the start date of my company which was 10/10/15. Total cost: 180,388. Land Cost 36,078. Net bldg. cost: $144,310. Prior depreciation: $9,402. My and CPA's annual depreciation calculation: $5,427. TT depreciation calculation; 5,127. As mentioned earlier, all 7 properties are off in varying degrees with the worst being $2K. Thank you for your assistance and please let me know if you need any additional information.
