> 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.
This is possibly a dumb question, but what is the difference between a "property" and "real estate" in the context of your post? I would think those terms are interchangeable but this is the first time I've ever had to consider depreciation.
I ended up filing my taxes with a different product and their support reps confirmed I was not seeing any depreciation in their version of my taxes due to Publication 946. It's also possible their software was wrong.
