Despite what Publication 946 says, I am convinced that depreciation *IS* allowable for real estate even if it is in service for less than a year.
There is a Regulation that states the rule that depreciation for property that was "placed in service" and taken out of service during the same year is not allowed. However, that Regulation does NOT apply to real estate, and even though I have extensively looked, I have never found anything that disallows the depreciation for real estate.
So that is why TurboTax is calculating the depreciation.
