Once you complete the property profile interview, TurboTax will update the depreciation recovery period to 30 years (The TCJA shortened the time period from 40 years to 30 years). But you have to make all of the indication that Champ DoninGA described above before the update will occur. You must mark the location as Foreign Property and then also mark the boxes that say Assets are located outside the US and All assets are located outside of the US. Then you must complete the remainder of the property profile.
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