you are required to take depreciation each year on the property if the property cost was $65,000 and say $10,000 was allocated to land (land can't be depreciated and there should have been an allocation) that leaves $55,000 to be depreciated over 27.5 years using the straight-line method so over 7 years the total depreciation taken would be about $14,000 ($55,000 times 7 divided by 27.5 - 2000/year so for 8000/year the property would have had to have a cost of over $200,000)
we can not see your returns so have no idea of what was done in the previous years and what is being done in 2019. the numbers presented make no sense but you haven't provided any actual numbers or details
we probably could give you the depreciation that should have been taken from the date acquired to the date sold but would need the following info:
this assumes that the property wasn't converted from your home to rental and was always a rental during the period from the date acquired to the date sold. if not, we would would need additional info
date acquired
date sold
cost of property when acquired
amount of the cost allocated to land
if you made improvements during the period that were capitalized, we would need
the dates acquired
the cost for each
life or type assigned.
personally I doubt whether this can be figured out by midnight tomorrow so you properly report the sale. you should consider an extension but even if you do you have to pay in ant taxes you owe by midnight tomorrow.
your other option
You are asking from TT Live, for which you paid extra. Please contact a rep.
https://ttlc.intuit.com/questions/4124827-how-do-i-connect-with-a-tax-expert-in-turbotax-live
