@Carl Your comments made me realize that I did enter as "active participant" and I didn't use any management company. Sorry for the wrong information before. I meant I'm not real estate professional (obviously...)
I tried how I understand what you say -- I set "I've always used this item 100% of the time for this business". It then calculated depreciation based on the whole year. There seems no limit on the loss but there is no proportional calculation on those expenses including depreciation. All are treated as "whole year" business.
Were you trying to say that there shouldn't be a loss limit for my case and there may be a way to adjust it in Turbo Tax?
