Thanks for your reply.
About the house value, I'd like to give you more information to make sure.
The foreign county has separate property tax bills. One for the tax of land in November, another for the tax of the house in May.
In 2016, the house tax bill shows the taxable house value is 5,000. The land tax bill shows the taxable land value is 65,000. There are no total values for the property. That's why I use 5,000/(5,000+65,000)=7% to get the house value is around 7% of the property, which is 35,000.
I have not been depreciating the property before.
In 2019 TT premier,
If I put the cost: 35,000. Date purchased: 03/14/2013
(I used this item for personal purposes before I started using it in this business)
Date I started using it in this business: 01/01/2016
Amount of Depreciation Taken in Prior Years: 0
Then I get "Your 2019 estimated expense for this asset is $945"
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Details show Years to full depreciate 40.0 years
MACRS Convention MM
Deprecation Method ALT
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and I use 35,000/945=37.03
That's why I think TT distributes the depreciation to 37 years.
