@tarif-mohaisen
so if income > $150,000 can't claim any of the rental deductions ?
You understanding doesn't appear to be clear. You will "CLAIM" all deductions you can on the rental property. But if your income is to high, your deduction will not be allowed. The unallowed deductions will be carried over to the next year. But if you do not claim the deductions in the tax year they occur, then you can *NEVER* claim or take those deductions in a future year.
The only thing different about that is depreciation. You are *required* to claim depreciation every year the property is classified as a rental, no matter what. Weather the depreciation deduction is allowed or not is not relevant. You are "required" to claim it.
