@garyt22 , my conclusion ( and corroborating responses from
@Carl and
@tagteam ) is that (a) you need to have used the real date when the property was put in service ( not when your LLC --holding company came into existence ) ; (b) TurboTaxes computation is correct assuming either date ; (c) you need to check to see what was the real prior depreciation -- it should be the sum of allowable in 2015, 2016 and 2017. Then I think you will find that the figures will come much closer.. I am assuming here that all the properties you are talking about are indeed residential property depreciated at 27.5 years and not business / commercial property depreciated over 39.5 years. Yes ?
