Thanks for your answer about 4562.
About foreign rental property depreciation I have 2 questions as below.
1. Based on the "depreciation detail listing" form from last year tax return, my accountant used the "basis adjustment" to deduct from the cost of the property and get the "depreciation basis".
First, I input the cost of the property in Turbotax but got the different amount of depreciation and there is no option to input "basis adjustment" so I changed the number of cost of property and used the amount from the "depreciation basis" (real cost minus basis adjustment) from last year and got the same depreciation as last year. Can I do this ? The cost shown in the "depreciation detail listing" form will be different from last year then.
2. Last year "depreciation detail listing" showed SL MM as a method but what I got from Turbo tax is ALT/MM, how can I changed the method to be the same as last year?
