What do you mean "is 30 years over?"
Do you mean you have fully depreciated the property? I.e. For residential realty it has been more than 27.5 yrs since it was put into service?
If so, you cannot start it "over again." You could however start depreciating improvements to the property starting with the date they go into service (e.g. remodels, etc.).
Depreciation is done item of property by item of property. So the building itself is one thing. Rental appliances (fridge, dishwasher, etc.) are each a different thing with a different time period (life) for depreciation. It is typical to have a bunch of assets associated with a rental/business property that are depreciated over different time periods and are at different points. The asset history reports keep all the detail for you. (You enter each asset in TT and it keeps track of the depreciation over the years).
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
