Investors & landlords

Thanks for your response.  Looks like I will be filing manually.  Respectfully, I disagree with your analysis of the depreciation situation.  In the main, it is fundamentally flawed to allow a full year's depreciation over just two months of operation.  Even if the depreciation is ultimately recaptured, using your reasoning the taxpayer is able to effectively arbitrage the difference between ordinary and capital gain tax rates (lower rental income at presumably higher ordinary income rates).  I can't imagine that Congress would allow this.  If I paid my real estate taxes for a full year on January 1st and sold my property on 2/28, I would only be allowed two months' worth of that expense.  Same principle.