Depreciation of rental property rented after a gap...
Level 3

Depreciation of rental property rented after a gap of few years

I purchased and rented a condo overseas in 2014. After Dec 2014, I kept the condo vacant because I thought my father may use it. I suspended depreciation and removed the condo from my tax returns from year 2015. The condo was neither used nor rented after year 2014. In 2019, I rented the condo again. As I had remved the condo from TurboTax, it did not keep the records from year 2014. So I manually enetered the tax basis and prior depreciation (for year 2014). TurboTax is giving a higher depreciation for year 2019 than it should. I cannot figure out the reason. I will appreciate any guidance.

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