Investors & landlords

@Carl 

The 1st year depr that he put down was $54, which is what it would be for the half month of December over 40 years. (51,582 / 40) * (.5/12)=54

 

Then, the following full 3 years that he prepared the taxes, he showed depr of $1,289, $1290 and $1289 for 2011, 12, and 13 respectively. 51,582 / 40 = 1,289.55

 

This was a US residential rental property

 

So when I started using TT in 2014, I showed $3,922 prior depreciation,  the program calculated $1,949 current depreciation, and that's what I've been using ever since.