No. Residential rental real estate must be depreciated over 27.5 years. I'm providing some additional info in the answer box below. Please read it. Otherwise, you risk misunderstanding what the program is asking for and you will enter the wrong information. I can not stress enough of the requirement for absolute perfection on your return the first year you report rental income. Especially if you converted a property from personal use to rental use. Even the tiniest of mistakes will get exponentially bigger as the years pass. Then when you catch that error (if the IRS doesn't catch it first) the cost of fixing it *will* be expensive. SO if you have more questions, by all means please ask.
