M-MTax
Level 12

Investors & landlords

 From that total you will subtract the depreciation that *YOU* have already taken on the property while it was in the partnership.

Not at all sure this is right because the partners don't "take depreciation on the property". The K-1s show net RE income with depreciation deducted at the P-Ship level. 

Maybe @Rick19744 knows how to deal with this. Reading through the posts results in kind of a mess.